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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Wednesday, November 27th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date is Friday, February 21st.

Western Asset Inflation-Linked Income Fund has increased its dividend by an average of 84.0% per year over the last three years.

Western Asset Inflation-Linked Income Fund Trading Up 0.2 %

WIA stock traded up $0.02 during trading on Wednesday, reaching $8.24. The stock had a trading volume of 4,743 shares, compared to its average volume of 36,451. Western Asset Inflation-Linked Income Fund has a one year low of $7.82 and a one year high of $8.61. The company’s 50 day moving average is $8.35 and its two-hundred day moving average is $8.19.

Western Asset Inflation-Linked Income Fund Company Profile

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.