Ex-Div Reminder for Western Asset Income Fund (PAI)

Looking at the universe of stocks we cover at Dividend Channel, on 9/17/14, Western Asset Income Fund ( PAI) will trade ex-dividend, for its monthly dividend of $0.0575, payable on 9/26/14. As a percentage of PAI's recent stock price of $13.49, this dividend works out to approximately 0.43%.

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Below is a dividend history chart for PAI, showing historical dividends prior to the most recent $0.0575 declared by Western Asset Income Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PAI is likely to continue, and whether the current estimated yield of 5.11% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PAI shares, versus its 200 day moving average:

Western Asset Income Fund 200 Day Moving Average Chart

Looking at the chart above, PAI's low point in its 52 week range is $12.35 per share, with $13.93 as the 52 week high point — that compares with a last trade of $13.49.

In Monday trading, Western Asset Income Fund shares are currently up about 0.1% on the day.

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