Western Asset Premier Bond Fund (WEA) to Issue Monthly Dividend of $0.07 on October 1st

Western Asset Premier Bond Fund (NYSE:WEAGet Free Report) declared a monthly dividend on Thursday, September 12th, Zacks reports. Investors of record on Monday, September 23rd will be given a dividend of 0.07 per share by the investment management company on Tuesday, October 1st. This represents a $0.84 annualized dividend and a yield of 7.53%. The ex-dividend date is Monday, September 23rd.

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 Stock Up 0.6 %

WEA stock opened at $11.15 on Friday. The business’s 50-day moving average is $10.94 and its two-hundred day moving average is $10.76. 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

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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.

Further Reading

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

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