Western Asset Diversified Income Fund (NYSE:WDI) Announces Monthly Dividend of $0.14

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Wednesday, November 15th, Wall Street Journal reports. Investors of record on Wednesday, January 24th will be paid a dividend of 0.143 per share on Thursday, February 1st. This represents a $1.72 dividend on an annualized basis and a yield of 12.98%. The ex-dividend date is Tuesday, January 23rd.

Western Asset Diversified Income Fund Price Performance

NYSE WDI opened at $13.22 on Thursday. Western Asset Diversified Income Fund has a one year low of $12.16 and a one year high of $14.50.

Insider Activity at Western Asset Diversified Income Fund

In related news, Director Daniel P. Cronin bought 5,000 shares of the stock in a transaction on Monday, October 23rd. The shares were bought at an average cost of $12.42 per share, for a total transaction of $62,100.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at approximately $62,100. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Western Asset Diversified Income Fund stock. Royal Bank of Canada grew its holdings in Western Asset Diversified Income Fund (NYSE:WDI) by 26.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,591 shares of the company’s stock after buying an additional 31,933 shares during the quarter. Royal Bank of Canada’s holdings in Western Asset Diversified Income Fund were worth $2,034,000 at the end of the most recent quarter.