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

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Rating) announced a monthly dividend on Thursday, May 19th, Wall Street Journal reports. Shareholders of record on Wednesday, August 24th will be given a dividend of 0.055 per share by the investment management company on Wednesday, August 31st. This represents a $0.66 annualized dividend and a yield of 6.29%. The ex-dividend date is Tuesday, August 23rd.

Western Asset Inflation-Linked Opportunities & Income Fund has raised its dividend by an average of 24.6% per year over the last three years.

Shares of WIW stock traded down $0.13 during mid-day trading on Thursday, hitting $10.49. The company’s stock had a trading volume of 549,955 shares, compared to its average volume of 146,448. Western Asset Inflation-Linked Opportunities & Income Fund has a 52-week low of $10.47 and a 52-week high of $13.93. The business has a 50-day moving average price of $11.45 and a 200 day moving average price of $12.44.

Hedge funds have recently bought and sold shares of the company. Morgan Stanley raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.5% in the second quarter. Morgan Stanley now owns 2,203,120 shares of the investment management company’s stock worth $28,883,000 after purchasing an additional 135,038 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.8% in the fourth quarter. Parametric Portfolio Associates LLC now owns 1,419,439 shares of the investment management company’s stock worth $19,276,000 after purchasing an additional 90,679 shares during the last quarter. City of London Investment Management Co. Ltd. raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 4.0% in the first quarter. City of London Investment Management Co. Ltd. now owns 845,191 shares of the investment management company’s stock worth $10,134,000 after purchasing an additional 32,754 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 7.5% in the fourth quarter. Stifel Financial Corp now owns 371,566 shares of the investment management company’s stock worth $5,046,000 after purchasing an additional 26,003 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 4.7% in the first quarter. Baird Financial Group Inc. now owns 351,997 shares of the investment management company’s stock worth $4,227,000 after purchasing an additional 15,704 shares during the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund (Get Rating)

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.

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