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

Western Asset Premier Bond Fund (NYSE:WEAGet Free Report) announced a monthly dividend on Wednesday, November 27th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.07 per share by the investment management company on Monday, March 3rd. This represents a $0.84 dividend on an annualized basis and a yield of 7.71%. The ex-dividend date is Friday, February 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 Trading Down 0.3 %

Shares of NYSE:WEA traded down $0.03 on Wednesday, reaching $10.89. The company had a trading volume of 5,082 shares, compared to its average volume of 36,927. Western Asset Premier Bond Fund has a 52-week low of $10.37 and a 52-week high of $11.34. The firm’s 50 day simple moving average is $11.13 and its 200-day simple moving average is $10.92.

Western Asset Premier Bond Fund Company Profile

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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.

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Dividend History for Western Asset Premier Bond Fund (NYSE:WEA)

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