Very Favorable News Coverage Somewhat Unlikely to Impact Western Asset Income Fund (NYSE:PAI) Stock Price

Media headlines about Western Asset Income Fund (NYSE:PAI) have trended very positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset Income Fund earned a coverage optimism score of 0.63 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 47.7785448951743 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of PAI traded down $0.11 during trading hours on Friday, reaching $13.80. 48,744 shares of the company traded hands, compared to its average volume of 22,516. Western Asset Income Fund has a fifty-two week low of $13.32 and a fifty-two week high of $17.37.

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The business also recently disclosed a monthly dividend, which was paid on Monday, April 2nd. Investors of record on Friday, March 23rd were paid a dividend of $0.0575 per share. This represents a $0.69 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date was Thursday, March 22nd.

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About Western Asset Income Fund

There is no company description available for Western Asset Inv Grade Income Fund Inc

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