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

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.0625 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Tuesday, March 24th.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Western Asset Inflation-Linked Opportunities & Income Fund stock traded down $0.10 during trading hours on Monday, reaching $8.61. 734,130 shares of the company’s stock were exchanged, compared to its average volume of 242,007. The firm’s 50 day simple moving average is $8.62 and its 200 day simple moving average is $8.78. Western Asset Inflation-Linked Opportunities & Income Fund has a twelve month low of $8.33 and a twelve month high of $9.03.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.