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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Friday, September 11th. Shareholders of record on Friday, October 23rd will be paid a dividend of 0.052 per share by the financial services provider on Friday, October 30th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Friday, October 23rd.

Western Asset Inflation-Linked Income Fund Stock Down 0.2%

WIA stock opened at $7.83 on Friday. Western Asset Inflation-Linked Income Fund has a 52 week low of $7.82 and a 52 week high of $8.54. The business has a 50-day simple moving average of $7.97 and a 200 day simple moving average of $8.07.

About Western Asset Inflation-Linked Income Fund

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.