Western Asset Inflation-Linked Opportunities & Income Fund
WIWFinancial Services · Stock · monthly payer
Forward Yield
8.95%
Annual Dividend
$0.75
Payout Ratio
105%
5-Yr Growth
13.6%
Ex-Date
Jul 24, 2026
Frequency
Monthly
Summary
As of July 2026, Western Asset Inflation-Linked Opportunities & Income Fund (WIW) yields 8.95% ($0.75 per share annually), with a blended fair-value estimate of $25.45 — +204% upside, so it screens as undervalued. Dividend safety grade: C (56/100). 1 years of dividend growth.
Is WIW a good dividend stock?
MixedWestern Asset Inflation-Linked Opportunities & Income Fund (WIW) pays a monthly dividend yielding 8.95% ($0.75/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 13.6% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (105%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.95%
- Payout Ratio
- 105%
- Annual Dividend
- $0.75
- 5-Yr Avg Growth
- 13.6%
- Ex-Dividend Date
- Jul 24, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.51
- Market Cap
- $512.1M
- P/E Ratio
- 11.8
- 5-Yr Total Return
- -37%
- 52-Week Range
- $8.29 – $9.03
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
WIW Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
-4%
5 Years
-37%
52-Week Range
$8.29 – $9.03
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WIW worth?
Undervaluedlow confidenceOur blended fair-value estimate for Western Asset Inflation-Linked Opportunities & Income Fund is $25.45 per share, versus a market price of $8.38. That implies 204% of upside — a margin of safety of about 67%.
Fair Value
$25.45
Current Price
$8.38
Upside
+204%
Margin of Safety
67%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 15.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 15.2% stage-1 growth, 2.5% terminal growth, $0.71 EPS, $0.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WIW Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 23, 2026 | — | $0.0630 | regular |
| May 21, 2026 | — | $0.0630 | regular |
| Apr 23, 2026 | — | $0.0630 | regular |
| Mar 24, 2026 | — | $0.0630 | regular |
| Feb 20, 2026 | — | $0.0630 | regular |
| Jan 23, 2026 | — | $0.0630 | regular |
| Dec 23, 2025 | — | $0.0630 | regular |
| Nov 20, 2025 | — | $0.0630 | regular |
| Oct 24, 2025 | — | $0.0630 | regular |
| Sep 23, 2025 | — | $0.0630 | regular |
| Aug 22, 2025 | — | $0.0630 | regular |
| Jul 24, 2025 | — | $0.0630 | regular |
| Jun 23, 2025 | — | $0.0630 | regular |
| May 22, 2025 | — | $0.0630 | regular |
Income Calculator
At $0.75 / yr per share
