Western Asset Diversified Income Fund
WDIFinancial Services · Stock · monthly payer
$13.34
Add to PortfolioForward Yield
13.36%
Annual Dividend
$1.78
Payout Ratio
129%
5-Yr Growth
—
Ex-Date
Jun 23, 2026
Frequency
Monthly
WDI Dividend Safety Score
58/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage129% of earnings paid out
Yield vs its historyYield is 1.3× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is WDI a good dividend stock?
Yes, with caveatsWestern Asset Diversified Income Fund (WDI) pays a monthly dividend yielding 13.36% ($1.78/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (129%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.36%
- Payout Ratio
- 129%
- Annual Dividend
- $1.78
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- —
- Market Cap
- $692.5M
- P/E Ratio
- 9.7
- 5-Yr Total Return
- -33%
- 52-Week Range
- $12.91 – $15.28
- Dividend Safety
- C · 58/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.1490 | regular |
| Apr 23, 2026 | — | $0.1490 | regular |
| Mar 24, 2026 | — | $0.1490 | regular |
| Feb 20, 2026 | — | $0.1490 | regular |
| Dec 31, 2025 | — | $0.1490 | regular |
| Dec 10, 2025 | — | $0.1490 | regular |
| Nov 20, 2025 | — | $0.1490 | regular |
| Oct 24, 2025 | — | $0.1490 | regular |
| Sep 23, 2025 | — | $0.1490 | regular |
| Aug 22, 2025 | — | $0.1490 | regular |
| Jul 24, 2025 | — | $0.1490 | regular |
| Jun 23, 2025 | — | $0.1490 | regular |
| May 22, 2025 | — | $0.1490 | regular |
| Apr 23, 2025 | — | $0.1490 | regular |
Income Calculator
At $1.78 / yr per share
Per payment (monthly)$14.83
Annual$178.00
Monthly avg$14.83
