Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Raises Dividend to $0.06 Per Share

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) declared a monthly dividend on Friday, September 13th, Wall Street Journal reports. Investors of record on Thursday, October 24th will be paid a dividend of 0.0605 per share by the investment management company on Thursday, October 31st. This represents a $0.73 annualized dividend and a yield of 8.33%. The ex-dividend date is Thursday, October 24th. This is a positive change from Western Asset Inflation-Linked Opportunities & Income Fund’s previous monthly dividend of $0.06.

Western Asset Inflation-Linked Opportunities & Income Fund has increased its dividend payment by an average of 51.2% per year over the last three years.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Up 0.3 %

Shares of NYSE WIW opened at $8.72 on Friday. The firm’s 50-day moving average price is $8.59 and its 200-day moving average price is $8.56. Western Asset Inflation-Linked Opportunities & Income Fund has a 1-year low of $8.01 and a 1-year high of $8.86.

About Western Asset Inflation-Linked Opportunities & Income Fund

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.