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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Tuesday, February 20th, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be given a dividend of 0.05 per share by the financial services provider on Friday, May 31st. This represents a $0.60 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Western Asset Inflation-Linked Income Fund has raised its dividend payment by an average of 84.0% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Western Asset Inflation-Linked Income Fund Stock Performance

Western Asset Inflation-Linked Income Fund stock opened at $8.12 on Tuesday. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.56 and a 12 month high of $8.53. The stock’s 50-day moving average is $8.01 and its 200-day moving average 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.