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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Friday, September 11th. Investors of record on Friday, November 20th will be given a dividend of 0.052 per share by the financial services provider on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Friday, November 20th.

Western Asset Inflation-Linked Income Fund Stock Down 0.2%

Western Asset Inflation-Linked Income Fund stock opened at $7.83 on Friday. Western Asset Inflation-Linked Income Fund has a 12-month low of $7.82 and a 12-month high of $8.54. The firm’s 50-day moving average is $7.97 and its two-hundred day moving average is $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.