Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) announced a monthly dividend on Friday, May 16th, Wall Street Journal reports. Stockholders of record on Friday, August 22nd will be paid a dividend of 0.052 per share by the financial services provider on Friday, August 29th. This represents a $0.62 annualized dividend and a dividend yield of 7.59%. The ex-dividend date is Friday, August 22nd.
Western Asset Inflation-Linked Income Fund has decreased its dividend by an average of 7.4% annually over the last three years.
Western Asset Inflation-Linked Income Fund Price Performance
Shares of NYSE:WIA opened at $8.23 on Friday. Western Asset Inflation-Linked Income Fund has a 1-year low of $7.92 and a 1-year high of $8.61. The business’s 50 day moving average is $8.23 and its 200-day moving average is $8.19.
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.
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