Western Asset Diversified Income Fund (NYSE:WDI) to Issue $0.14 Monthly Dividend

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Thursday, November 16th, 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 annualized dividend and a yield of 12.98%. The ex-dividend date of this dividend is Tuesday, January 23rd.

Western Asset Diversified Income Fund Stock Performance

Shares of NYSE:WDI opened at $13.22 on Thursday. Western Asset Diversified Income Fund has a 1-year low of $12.16 and a 1-year high of $14.50.

Insider Activity at Western Asset Diversified Income Fund

In other news, Director Daniel P. Cronin acquired 5,000 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was purchased at an average price of $12.42 per share, for a total transaction of $62,100.00. Following the purchase, the director now owns 5,000 shares in the company, valued at approximately $62,100. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Western Asset Diversified Income Fund stock. UBS Group AG increased its stake in Western Asset Diversified Income Fund (NYSE:WDI) by 6.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,227 shares of the company’s stock after purchasing an additional 1,560 shares during the period. UBS Group AG’s holdings in Western Asset Diversified Income Fund were worth $347,000 as of its most recent SEC filing.