Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Plans $0.06 Monthly Dividend

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) declared a monthly dividend on Thursday, May 21st. Investors of record on Monday, August 24th will be paid a dividend of 0.0625 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

WIW stock traded down $0.09 during trading on Thursday, hitting $8.42. 204,804 shares of the company’s stock traded hands, compared to its average volume of 234,545. The business has a fifty day simple moving average of $8.51 and a two-hundred day simple moving average of $8.62. Western Asset Inflation-Linked Opportunities & Income Fund has a 1 year low of $8.33 and a 1 year high of $9.03.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.