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

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Monday, June 10th, Wall Street Journal reports. Shareholders of record on Friday, September 20th will be paid a dividend of 0.066 per share by the investment management company on Tuesday, October 1st. This represents a $0.79 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date of this dividend is Thursday, September 19th.

Western Asset Premier Bond Fund has decreased its dividend payment by an average of 10.1% annually over the last three years.

Shares of WEA stock opened at $13.81 on Wednesday. The firm’s 50-day moving average is $13.82 and its two-hundred day moving average is $13.47. Western Asset Premier Bond Fund has a 12 month low of $11.90 and a 12 month high of $14.51.

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.

See Also: Balanced Fund

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

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