Western Asset Inflation-Linked Opportunities & Income Fund
WIWFinancial Services · Stock · monthly payer
Forward Yield
9.42%
Annual Dividend
$0.75
Payout Ratio
119%
5-Yr Growth
13.6%
Ex-Date
Oct 23, 2026
Frequency
Monthly
Summary
As of September 2026, Western Asset Inflation-Linked Opportunities & Income Fund (WIW) yields 9.42% ($0.75 per share annually), with a blended fair-value estimate of $24.17 — +197% upside, so it screens as undervalued. Dividend safety grade: C (64/100). 1 years of dividend growth.
Is WIW a good dividend stock?
Yes, with caveatsWestern Asset Inflation-Linked Opportunities & Income Fund (WIW) pays a monthly dividend yielding 9.42% ($0.75/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 13.6% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (119%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.42%
- Payout Ratio
- 119%
- Annual Dividend
- $0.75
- 5-Yr Avg Growth
- 13.6%
- Ex-Dividend Date
- Oct 23, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.51
- Market Cap
- $484.9M
- P/E Ratio
- 12.6
- 5-Yr Total Return
- -40%
- 52-Week Range
- $8.10 – $9.02
- Dividend Safety
- C · 64/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
WIW Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-1%
5 Years
-40%
52-Week Range
$8.10 – $9.02
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 $24.17 per share, versus a market price of $8.13. That implies 197% of upside — a margin of safety of about 66%.
Fair Value
$24.17
Current Price
$8.13
Upside
+197%
Margin of Safety
66%
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, $0.63 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
Full WIW dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 23, 2026 | — | $0.0630 | regular |
| Aug 24, 2026 | — | $0.0630 | regular |
| Jul 24, 2026 | — | $0.0630 | regular |
| 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 |
Income Calculator
At $0.75 / yr per share
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