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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Thursday, September 12th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.05 per share by the financial services provider on Thursday, October 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date of this dividend is Thursday, October 24th.

Western Asset Inflation-Linked Income Fund has increased its dividend payment by an average of 84.0% per year over the last three years.

Western Asset Inflation-Linked Income Fund Trading Down 0.9 %

WIA stock opened at $8.37 on Tuesday. The firm has a 50 day moving average price of $8.34 and a 200-day moving average price of $8.14. Western Asset Inflation-Linked Income Fund has a 52-week low of $7.61 and a 52-week high of $8.61.

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.