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, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be given a dividend of 0.07 per share by the investment management company on Monday, June 2nd. This represents a $0.84 annualized dividend and a dividend yield of 7.67%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Premier Bond Fund has increased its dividend by an average of 2.0% per year over the last three years.

Western Asset Premier Bond Fund Trading Down 0.3 %

Western Asset Premier Bond Fund stock opened at $10.95 on Friday. The firm has a 50 day simple moving average of $10.91 and a 200-day simple moving average of $11.03. Western Asset Premier Bond Fund has a 12-month low of $10.40 and a 12-month high of $11.34.

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.

Further Reading

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

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