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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Thursday, May 21st. Shareholders of record on Tuesday, June 23rd will be given a dividend of 0.052 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Western Asset Inflation-Linked Income Fund Price Performance

WIA traded down $0.07 during trading on Thursday, hitting $8.08. 14,178 shares of the company’s stock were exchanged, compared to its average volume of 46,190. Western Asset Inflation-Linked Income Fund has a 1 year low of $7.95 and a 1 year high of $8.54. The stock has a 50 day moving average price of $8.12 and a 200 day moving average price of $8.23.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end management investment company that seeks to deliver a high level of current real income while preserving real capital. The fund strives to achieve its objective by investing primarily in inflation-linked debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, as well as inflation-linked bonds issued by supranational organizations and corporate issuers. By focusing on instruments that adjust principal and interest payments in line with inflation, WIA aims to protect investors’ purchasing power over time.

Since its initial public offering in December 2007, the fund has employed a flexible, research-driven approach to managing duration, sector allocation and credit exposure.