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

Western Asset Premier Bond Fund (NYSE:WEA) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 7.73%. The ex-dividend date is Thursday, May 22nd.

Western Asset Premier Bond Fund has raised its dividend payment by an average of 2.0% annually over the last three years.

Western Asset Premier Bond Fund Trading Down 0.7 %

Shares of Western Asset Premier Bond Fund stock opened at $10.87 on Friday. The company has a 50-day simple moving average of $10.91 and a two-hundred day simple moving average of $11.03. Western Asset Premier Bond Fund has a one year low of $10.40 and a one 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.