PAI is Western Asset Investment Grade Income Fund Inc. (Financial Services). Trading at $11.87. Current dividend yield: 5.30%.
Dividend snapshot
| Annual dividend rate | $0.63 |
| Current yield | 5.30% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 24, 2026(in 20 days) |
| Most recent payment date | Aug 24, 2026 |
| Last payment amount | $0.0525 |
| 5-year dividend CAGR | 2.31% |
| 3-year dividend CAGR | 6.84% |
| Payout ratio | 63% |
| Market cap | $113M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-24 | $0.0525 |
| 2026-07-24 | $0.0525 |
| 2026-06-23 | $0.0525 |
| 2026-05-21 | $0.0525 |
| 2026-04-23 | $0.0525 |
| 2026-03-24 | $0.0525 |
| 2026-02-20 | $0.0525 |
| 2025-12-31 | $0.0525 |
About PAI
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. Its primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. To a lesser extent, the fund also invests in privately placed debt securities and in certain equity securities. Capital appreciation is its secondary investment objective. The fund invests a majority of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the investment adviser).
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Frequently asked
What is PAI's dividend yield?
PAI (Western Asset Investment Grade Income Fund Inc.) currently has a dividend yield of 5.30%, which works out to about $0.63 in annual dividend payments per share.
When is PAI's next ex-dividend date?
PAI's next ex-dividend date is Sep 24, 2026 (in 20 days). To receive the upcoming dividend, you must own shares before this date.
When did PAI last pay a dividend?
PAI's most recent dividend payment date was Aug 24, 2026.
How often does PAI pay dividends?
PAI pays dividends on a monthly schedule.
How fast is PAI growing its dividend?
PAI has been growing its dividend at a 6.84% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track PAI in DiviDrip
Add PAI to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search PAI and add your shares.
- View the PAI Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like PAI.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.