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

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Monday, November 25th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.07 per share by the investment management company on Tuesday, December 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date of this dividend is Monday, December 23rd. This is a positive change from Western Asset Premier Bond Fund’s previous monthly dividend of $0.07.

Western Asset Premier Bond Fund has increased its dividend payment by an average of 0.5% per year over the last three years.

Western Asset Premier Bond Fund Price Performance

Shares of NYSE WEA opened at $10.89 on Wednesday. Western Asset Premier Bond Fund has a 1-year low of $10.37 and a 1-year high of $11.34. The business’s 50 day moving average is $11.13 and its two-hundred day moving average is $10.92.

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.