Cash Dividend On The Way From Western Asset Inflation Management Fund (IMF)

Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Western Asset Inflation Management Fund ( IMF) will trade ex-dividend, for its monthly dividend of $0.05, payable on 10/25/13. As a percentage of IMF's recent stock price of $16.40, this dividend works out to approximately 0.30%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for IMF, showing historical dividends prior to the most recent $0.05 declared by Western Asset Inflation Management Fund:

IMF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IMF is likely to continue, and whether the current estimated yield of 3.66% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IMF shares, versus its 200 day moving average:

Western Asset Inflation Management Fund 200 Day Moving Average Chart

Looking at the chart above, IMF's low point in its 52 week range is $15.72 per share, with $19.19 as the 52 week high point — that compares with a last trade of $16.36.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013)

In Monday trading, Western Asset Inflation Management Fund shares are currently up about 0.4% on the day.
null

If you liked this article you might like

Take Some TIPS From Uncle Sam

Take Some TIPS From Uncle Sam