Western Asset Premier Bond Fund Plans Monthly Dividend of $0.07 (NYSE:WEA)

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Thursday, September 12th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.07 per share by the investment management company on Friday, November 1st. This represents a $0.84 annualized dividend and a dividend yield of 7.62%. The ex-dividend date of this dividend is Thursday, October 24th.

Western Asset Premier Bond Fund has increased its dividend payment by an average of 0.5% annually over the last three years.

Western Asset Premier Bond Fund Trading Down 0.4 %

Shares of NYSE WEA opened at $11.02 on Wednesday. The stock has a 50 day simple moving average of $11.15 and a 200-day simple moving average of $10.86. Western Asset Premier Bond Fund has a 12-month low of $9.60 and a 12-month high of $11.34.

Western Asset Premier Bond Fund Company Profile

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States.