Western Asset Bond ETF (NASDAQ:WABF) to Issue Dividend Increase – $0.13 Per Share

Western Asset Bond ETF (NASDAQ:WABF) declared a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.1329 per share on Tuesday, October 6th. This represents a $1.59 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 48.1% increase from Western Asset Bond ETF’s previous monthly dividend of $0.0897.

Western Asset Bond ETF Stock Performance

WABF stock opened at $23.66 on Thursday. The company has a 50-day moving average of $24.34 and a two-hundred day moving average of $24.76. Western Asset Bond ETF has a 52-week low of $23.49 and a 52-week high of $25.79.

Western Asset Bond ETF Company Profile

The Western Asset Bond ETF (WABF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a portfolio comprised of USD-denominated debt instruments and fixed income securities of various maturities, with limited exposure to high yield, emerging market debts, and structured securities. The fund intends to use derivatives to gain exposure, manage risks, and enhance returns. WABF was launched on Sep 19, 2023 and is issued by Franklin Templeton.