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

Western Asset Premier Bond Fund (NYSE:WEAGet Free Report) declared a monthly dividend on Thursday, September 12th,Wall Street Journal reports. Investors of record on Thursday, November 21st will be given a dividend of 0.07 per share by the investment management company on Monday, December 2nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend 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 Price Performance

WEA stock opened at $11.09 on Wednesday. Western Asset Premier Bond Fund has a 1-year low of $10.29 and a 1-year high of $11.34. The business’s 50 day simple moving average is $11.14 and its 200 day simple moving average is $10.92.

About Western Asset Premier Bond Fund

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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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