Western Asset Premier Bond Fund (NYSE:WEA) Declares Dividend Increase – $0.07 Per Share

Western Asset Premier Bond Fund (NYSE:WEA) declared a dividend on Monday, November 25th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.07 per share by the investment management company on Tuesday, December 31st. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from Western Asset Premier Bond Fund’s previous dividend of $0.07.

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

Western Asset Premier Bond Fund Price Performance

Shares of WEA traded down $0.27 during mid-day trading on Tuesday, reaching $10.89. The company’s stock had a trading volume of 79,465 shares, compared to its average volume of 36,927. The business has a fifty day moving average of $11.14 and a 200 day moving average of $10.92. Western Asset Premier Bond Fund has a 1 year low of $10.37 and a 1 year 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.