Western Asset Premier Bond Fund (NYSE:WEA) to Issue $0.07 Monthly Dividend

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Tuesday, November 26th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.07 per share by the investment management company on Monday, March 3rd. 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 Friday, February 21st.

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 Stock Down 0.3 %

Shares of Western Asset Premier Bond Fund stock traded down $0.03 during trading on Wednesday, reaching $10.89. The company’s stock had a trading volume of 5,065 shares, compared to its average volume of 36,927. Western Asset Premier Bond Fund has a 12-month low of $10.37 and a 12-month high of $11.34. The business has a 50 day moving average price of $11.13 and a 200-day moving average price of $10.92.

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.