Western Asset Inflation-Linked Income Fund to Issue Monthly Dividend of $0.05 (NYSE:WIA)

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Friday, May 24th, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.05 per share by the financial services provider on Friday, August 30th. This represents a $0.60 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend is Friday, August 23rd.

Western Asset Inflation-Linked Income Fund has raised its dividend by an average of 84.0% per year over the last three years and has raised its dividend every year for the last 1 years.

Western Asset Inflation-Linked Income Fund Trading Up 0.1 %

Shares of Western Asset Inflation-Linked Income Fund stock opened at $8.03 on Friday. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.56 and a 12 month high of $8.52. The business’s 50-day moving average price is $8.02 and its 200-day moving average price is $8.05.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.