Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) announced a monthly dividend on Tuesday, November 26th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.05 per share by the financial services provider on Friday, February 28th. This represents a $0.60 annualized dividend 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 by an average of 84.0% annually over the last three years.
Western Asset Inflation-Linked Income Fund Stock Performance
NYSE WIA 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 company has a fifty day moving average of $8.35 and a 200 day moving average of $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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