Western Asset Inflation-Linked Income Fund
WIAFinancial Services · Stock · monthly payer
Forward Yield
7.69%
Annual Dividend
$0.62
Payout Ratio
93%
5-Yr Growth
9.9%
Ex-Date
Jun 23, 2026
Frequency
Monthly
Summary
As of June 2026, Western Asset Inflation-Linked Income Fund (WIA) yields 7.69% ($0.62 per share annually), with a blended fair-value estimate of $20.31 — +150% upside, so it screens as undervalued. Dividend safety grade: C (62/100). 1 years of dividend growth.
Is WIA a good dividend stock?
Yes, with caveatsWestern Asset Inflation-Linked Income Fund (WIA) pays a monthly dividend yielding 7.69% ($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 (93%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.69%
- Payout Ratio
- 93%
- Annual Dividend
- $0.62
- 5-Yr Avg Growth
- 9.9%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.48
- Market Cap
- $189.1M
- P/E Ratio
- 12.1
- 5-Yr Total Return
- -43%
- 52-Week Range
- $7.95 – $8.54
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
WIA Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
-4%
5 Years
-43%
52-Week Range
$7.95 – $8.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WIA worth?
Undervaluedlow confidenceOur blended fair-value estimate for Western Asset Inflation-Linked Income Fund is $20.31 per share, versus a market price of $8.11. That implies 150% of upside — a margin of safety of about 60%.
Fair Value
$20.31
Current Price
$8.11
Upside
+150%
Margin of Safety
60%
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 11.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 11.6% stage-1 growth, 2.5% terminal growth, $0.67 EPS, $0.62 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WIA 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 |
|---|---|---|---|
| May 21, 2026 | — | $0.0520 | regular |
| Apr 23, 2026 | — | $0.0520 | regular |
| Mar 24, 2026 | — | $0.0520 | regular |
| Feb 20, 2026 | — | $0.0520 | regular |
| Jan 23, 2026 | — | $0.0520 | regular |
| Dec 23, 2025 | — | $0.0520 | regular |
| Nov 20, 2025 | — | $0.0520 | regular |
| Oct 24, 2025 | — | $0.0520 | regular |
| Sep 23, 2025 | — | $0.0520 | regular |
| Aug 22, 2025 | — | $0.0520 | regular |
| Jul 24, 2025 | — | $0.0520 | regular |
| Jun 23, 2025 | — | $0.0520 | regular |
| May 22, 2025 | — | $0.0520 | regular |
| Apr 23, 2025 | — | $0.0520 | regular |
Income Calculator
At $0.62 / yr per share
