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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Wednesday, November 27th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.05 per share by the financial services provider on Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.25%. The ex-dividend date of this dividend is Friday, February 21st.

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

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of Western Asset Inflation-Linked Income Fund stock opened at $8.28 on Thursday. Western Asset Inflation-Linked Income Fund has a 1-year low of $7.82 and a 1-year high of $8.61. The firm has a fifty day simple moving average of $8.35 and a 200-day simple moving average of $8.19.

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.