Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) announced a monthly dividend on Thursday, September 12th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.05 per share by the financial services provider on Friday, November 29th. This represents a $0.60 annualized dividend and a yield of 7.35%. The ex-dividend date is Thursday, November 21st.
Western Asset Inflation-Linked Income Fund has increased 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 $8.16 on Wednesday. The company’s 50-day moving average price is $8.37 and its two-hundred day moving average price is $8.18. Western Asset Inflation-Linked Income Fund has a 52 week low of $7.82 and a 52 week high of $8.61.
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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