Western Asset Premier Bond Fund (NYSE:WEA – Get Free Report) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be given a dividend of 0.07 per share by the investment management company on Thursday, August 1st. This represents a $0.84 annualized dividend and a dividend yield of 7.78%. The ex-dividend date is Wednesday, July 24th.
Western Asset Premier Bond Fund has raised its dividend by an average of 0.5% annually over the last three years.
Western Asset Premier Bond Fund Price Performance
Western Asset Premier Bond Fund stock opened at $10.79 on Tuesday. The firm has a 50 day simple moving average of $10.64 and a 200-day simple moving average of $10.77. Western Asset Premier Bond Fund has a 1-year low of $9.60 and a 1-year high of $11.29.
About Western Asset Premier Bond Fund
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.
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