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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, April 23rd will be given a dividend of 0.052 per share by the financial services provider on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, April 23rd.

Western Asset Inflation-Linked Income Fund Stock Down 1.2%

NYSE WIA traded down $0.10 during trading hours on Monday, hitting $8.26. 483,888 shares of the company’s stock traded hands, compared to its average volume of 42,520. Western Asset Inflation-Linked Income Fund has a 52-week low of $8.02 and a 52-week high of $8.54. The firm’s 50-day moving average is $8.28 and its 200-day moving average is $8.35.

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.