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

by · The Markets Daily

Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 24th will be given a dividend of 0.052 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, March 24th.

Western Asset Inflation-Linked Income Fund Trading Down 1.2%

Shares of Western Asset Inflation-Linked Income Fund stock traded down $0.10 on Monday, reaching $8.26. 483,888 shares of the company were exchanged, compared to its average volume of 42,520. Western Asset Inflation-Linked Income Fund has a one year low of $8.02 and a one year high of $8.54. The company has a 50-day moving average of $8.28 and a 200 day moving average of $8.35.

Western Asset Inflation-Linked Income Fund Company Profile

(Get Free Report)

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.

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