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

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Monday, September 16th, Wall Street Journal reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.07 per share by the investment management company on Monday, December 2nd. This represents a $0.84 annualized dividend and a yield of 7.53%. The ex-dividend date is Thursday, November 21st.

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

Western Asset Premier Bond Fund Stock Performance

WEA traded up $0.01 during midday trading on Monday, reaching $11.16. 24,323 shares of the company were exchanged, compared to its average volume of 39,250. Western Asset Premier Bond Fund has a one year low of $9.60 and a one year high of $11.29. The company’s fifty day moving average price is $10.94 and its 200 day moving average price is $10.75.

About Western Asset Premier Bond Fund

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.