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

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Rating) announced a monthly dividend on Monday, May 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, November 22nd will be given a dividend of 0.055 per share by the investment management company on Wednesday, November 30th. This represents a $0.66 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date of this dividend is Monday, November 21st.

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

WIW stock traded up $0.11 during midday trading on Monday, reaching $10.63. The company’s stock had a trading volume of 168,053 shares, compared to its average volume of 146,511. The stock has a fifty day simple moving average of $11.38 and a two-hundred day simple moving average of $12.38. Western Asset Inflation-Linked Opportunities & Income Fund has a 1 year low of $10.47 and a 1 year high of $13.93.

In other Western Asset Inflation-Linked Opportunities & Income Fund news, major shareholder Cascade Investment, L.L.C. bought 51,187 shares of Western Asset Inflation-Linked Opportunities & Income Fund stock in a transaction on Wednesday, May 18th. The shares were acquired at an average price of $10.58 per share, for a total transaction of $541,558.46. Following the completion of the purchase, the insider now directly owns 13,573,938 shares in the company, valued at approximately $143,612,264.04. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several institutional investors and hedge funds have recently bought and sold shares of WIW. Morgan Stanley grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.5% during the 2nd quarter. Morgan Stanley now owns 2,203,120 shares of the investment management company’s stock worth $28,883,000 after buying an additional 135,038 shares in 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. PenderFund Capital Management Ltd. purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth about $1,018,000. Raymond James & Associates raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 29.5% in the first quarter. Raymond James & Associates now owns 215,686 shares of the investment management company’s stock worth $2,590,000 after purchasing an additional 49,151 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. raised its position in Western Asset Inflation-Linked Opportunities & Income Fund by 4.0% during the first quarter. City of London Investment Management Co. Ltd. now owns 845,191 shares of the investment management company’s stock valued at $10,134,000 after acquiring an additional 32,754 shares in the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile (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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