Western Asset Diversified Income Fund (NYSE:WDI) Plans Monthly Dividend of $0.15

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Monday, May 19th, Wall Street Journal reports. Investors of record on Friday, August 22nd will be paid a dividend of 0.1485 per share on Tuesday, September 2nd. This represents a $1.78 annualized dividend and a dividend yield of 12.30%. The ex-dividend date of this dividend is Friday, August 22nd.

Western Asset Diversified Income Fund has raised its dividend by an average of 35.9% per year over the last three years.

Western Asset Diversified Income Fund Trading Up 0.5%

Shares of WDI opened at $14.49 on Monday. The firm’s 50-day simple moving average is $14.04 and its 200 day simple moving average is $14.55. Western Asset Diversified Income Fund has a 52 week low of $12.45 and a 52 week high of $15.84.

Hedge Funds Weigh In On Western Asset Diversified Income Fund

A hedge fund recently bought a new stake in Western Asset Diversified Income Fund stock. Integrated Wealth Concepts LLC acquired a new stake in Western Asset Diversified Income Fund (NYSE:WDI) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 36,721 shares of the company’s stock, valued at approximately $531,000.