SmarterDividends
WIA

Western Asset Inflation-Linked Income Fund

WIA

Financial Services · Asset Management · Stock · monthly payer

$7.64

Undervalued · +116% Add to Portfolio

Forward Yield

8.17%

Annual Dividend

$0.62

Payout Ratio

109%

5-Yr Growth

9.9%

Ex-Date

Oct 23, 2026

Frequency

Monthly

Key facts about WIA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Western Asset Inflation-Linked Income Fund (WIA) has a forward dividend yield of 8.17%, based on an annual dividend of $0.62 per share and a share price of $7.64.
  • As of Oct 18, 2026, WIA's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • WIA last cut its regular dividend in 2020.
  • WIA's next ex-dividend date is Oct 23, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, WIA pays out 109% of its trailing 12-month earnings as dividends (its payout ratio).
  • WIA's dividend has grown at an average rate of 9.9% a year over the past five years.
  • As of Oct 18, 2026, WIA's 8.17% yield is 16% below its five-year average yield of 9.76%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for WIA is $16.47 per share, 116% above the $7.64 share price, so WIA screens as undervalued.
  • Western Asset Inflation-Linked Income Fund (WIA) pays its dividend monthly, 12 times a year.
  • Western Asset Inflation-Linked Income Fund (WIA) has raised its regular dividend 10 times and cut it 8 times across the 278 payments on record since 2003. Its most recent change was a 4.0% increase to $0.0520 per share, going ex-dividend on Mar 24, 2025. The last cut went ex-dividend on Jun 22, 2020.
Cite this page

SmarterDividends, "WIA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/WIA

Summary

As of Oct 18, 2026, Western Asset Inflation-Linked Income Fund (WIA) yields 8.17% ($0.62 a year per share) and has a dividend safety grade of C (62/100).

Is WIA a good dividend stock?

Yes, with caveats

Western Asset Inflation-Linked Income Fund (WIA) pays a monthly dividend yielding 8.17% ($0.62/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 9.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2020
  • Elevated payout ratio (109%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.17%
Payout Ratio
109%
Annual Dividend
$0.62
5-Yr Avg Growth
9.9%
Ex-Dividend Date
Oct 23, 2026
Years of Growth
1
Frequency
monthly
Beta
0.50
Market Cap
$178.2M
P/E Ratio
13.4
5-Yr Total Return
-46%
52-Week Range
$7.45 – $8.54
Dividend Safety
C · 62/100
Ever Cut?
Yes (2020)

WIA dividend raises and cuts

Western Asset Inflation-Linked Income Fund (WIA) has raised its regular dividend 10 times and cut it 8 times across the 278 payments on record since 2003. Its most recent change was a 4.0% increase to $0.0520 per share, going ex-dividend on Mar 24, 2025. The last cut went ex-dividend on Jun 22, 2020.

Ex-dateChangeOld → newMove
Mar 24, 2025Raise$0.0500 → $0.0520+4.0%
Jan 23, 2023Raise$0.0450 → $0.0500+11.1%
Jul 21, 2022Raise$0.0390 → $0.0450+15.4%
Jan 21, 2022Raise$0.0340 → $0.0390+14.7%
Jun 22, 2021Raise$0.0320 → $0.0340+6.3%
Mar 23, 2021Raise$0.0300 → $0.0320+6.7%
Jun 22, 2020Cut$0.0350 → $0.0300−14.3%
May 11, 2017Raise$0.0320 → $0.0350+9.4%
Mar 11, 2011Cut$0.0350 → $0.0320−8.6%
Dec 21, 2010Cut$0.0380 → $0.0350−7.9%
Mar 11, 2009Cut$0.0460 → $0.0380−17.4%
Jan 13, 2009Cut$0.0580 → $0.0460−20.7%
Show all 18 changes since 2004
Ex-dateChangeOld → newMove
Oct 11, 2007Raise$0.0530 → $0.0580+9.4%
Nov 10, 2005Cut$0.0660 → $0.0530−19.7%
Oct 13, 2004Cut$0.0680 → $0.0660−2.9%
Sep 13, 2004Raise$0.0660 → $0.0680+3.0%
Aug 11, 2004Cut$0.0690 → $0.0660−4.3%
Jun 14, 2004Raise$0.0660 → $0.0690+4.5%
Every WIA payment →Download every raise and cut (CSV)
WIA ex-dividend date & scheduleNext ex-date Oct 23, 2026 · full ex-dividend historyView →WIA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WIA a good dividend stock?

Yes, with caveats. Western Asset Inflation-Linked Income Fund (WIA) pays a monthly dividend yielding 8.17% ($0.62/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is WIA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WIA's fair value is about $16.47 versus a $7.64 share price — so it looks undervalued (+116% vs. fair value).

Is WIA's dividend safe?

WIA has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is WIA's fair value?

Our blended fair-value estimate for WIA is about $16.47 per share, roughly 116% above the current $7.64 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WIA a buy, hold, or sell?

We don't issue formal ratings, but on the data WIA screens as "yes, with caveats" and undervalued. Western Asset Inflation-Linked Income Fund (WIA) pays a monthly dividend yielding 8.17% ($0.62/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will WIA cut its dividend?

WIA earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WIA pay a dividend?

Yes. Western Asset Inflation-Linked Income Fund pays a monthly dividend of about $0.62 per share annually, a forward yield of roughly 8.17%.

What is WIA's dividend yield?

As of Oct 18, 2026, WIA's forward dividend yield is 8.17%, based on a $0.62 annual dividend and a $7.64 share price.

What is WIA's dividend per share?

As of Oct 18, 2026, WIA pays $0.62 per share per year, distributed on a monthly basis.

What is WIA's dividend payout ratio?

As of Oct 18, 2026, WIA's payout ratio is 109% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has WIA grown its dividend?

As of Oct 18, 2026, WIA has increased its dividend for 1 consecutive years.

When is the next WIA ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for WIA is Oct 23, 2026.

Income Calculator

At $0.62 / yr per share

Per payment (monthly)$5.17
Annual$62.00
Monthly avg$5.17

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