Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Plans Monthly Dividend of $0.06

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) announced a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be given a dividend of 0.0625 per share by the investment management company on Friday, May 30th. This represents a $0.75 dividend on an annualized basis and a yield of 8.59%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a boost from Western Asset Inflation-Linked Opportunities & Income Fund’s previous monthly dividend of $0.06.

Western Asset Inflation-Linked Opportunities & Income Fund has decreased its dividend by an average of 1.1% annually over the last three years.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of WIW stock traded up $0.05 during trading hours on Thursday, reaching $8.74. The company had a trading volume of 154,518 shares, compared to its average volume of 222,513. Western Asset Inflation-Linked Opportunities & Income Fund has a 1-year low of $8.21 and a 1-year high of $8.88. The company has a 50 day moving average of $8.48 and a 200 day moving average of $8.61.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.