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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be given a dividend of 0.052 per share by the financial services provider on Friday, May 30th. This represents a $0.62 annualized dividend and a yield of 7.58%. The ex-dividend date is Thursday, May 22nd. This is an increase from Western Asset Inflation-Linked Income Fund’s previous monthly dividend of $0.05.

Western Asset Inflation-Linked Income Fund has decreased its dividend by an average of 7.4% per year over the last three years.

Western Asset Inflation-Linked Income Fund Stock Up 0.5 %

Shares of Western Asset Inflation-Linked Income Fund stock traded up $0.04 on Thursday, reaching $8.23. 48,439 shares of the company were exchanged, compared to its average volume of 34,059. Western Asset Inflation-Linked Income Fund has a fifty-two week low of $7.82 and a fifty-two week high of $8.61. The stock has a fifty day moving average price of $8.10 and a 200-day moving average price of $8.22.

About Western Asset Inflation-Linked Income Fund

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.