PAI Dividend
Western Asset Investment Grade Income Fund Inc.
NYSEFinancial ServicesStockData as of
- Dividend yield
- 5.48%
- Annual dividend
- $0.63
- Payout ratio
- 0.00
- Frequency
- Monthly
- Share price
- $11.49
- Market cap
- $109M
Next payment
Ex-dividend date: Pay date: Amount: $0.0525
You must own the shares before the ex-dividend date to receive this payment.
Is PAI a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is above the market median5.48% against a median of 2.92% across US dividend payers.
- Dividend is comfortably coveredA payout ratio of 0.00 means roughly 0% of earnings go to the dividend, leaving room to keep paying through a weaker year.
- Dividend has been cut 17 timesAcross 46 complete years, the annual total fell in 2013, 2020, 2021 and earlier. The most recent reduction was in 2021.
- Raised for 3 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
PAI dividend history
Annual dividend per share, 1980 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Irregular | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0525 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0515 | Monthly | ||
| $0.0490 | Monthly | ||
| $0.0490 | Monthly | ||
| $0.0490 | Monthly | ||
| $0.0485 | Monthly | ||
| $0.0485 | Monthly | ||
| $0.0485 | Monthly | ||
| $0.0475 | Monthly | ||
| $0.0475 | Monthly | ||
| $0.0465 | Monthly | ||
| $0.0465 | Monthly |
How much would PAI pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate PAI dividend income →PAI appears in
Other financial services dividend stocks
Closest to PAI on yield.
- AEGAegon Ltd.5.48%
- PCQPIMCO California Municipal Income Fund5.50%
- SORSource Capital, Inc.5.51%
- LAZLazard Inc5.45%
- GGZThe Gabelli Global Small and Mid Cap Value Trust5.44%
- ECCVEagle Point Credit Company Inc.5.58%
- LEOBNY Mellon Strategic Municipals, Inc.5.61%
- ETXEaton Vance Municipal Income 2028 Term Trust5.35%
Frequently asked questions
- Does PAI pay a dividend?
- Yes. Western Asset Investment Grade Income Fund Inc. pays a monthly dividend, currently yielding 5.48% based on trailing twelve-month payments of $0.63 per share.
- How much does PAI pay in dividends?
- $0.63 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next PAI ex-dividend date?
- The next ex-dividend date on record is October 23, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.