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) announced a monthly dividend on Thursday, September 12th, Zacks reports. Shareholders 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 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date of this dividend is Monday, September 23rd.

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

Western Asset Premier Bond Fund Stock Performance

WEA stock opened at $11.18 on Friday. Western Asset Premier Bond Fund has a 1-year low of $9.60 and a 1-year high of $11.29. The business has a fifty day moving average price of $11.00 and a 200-day moving average price of $10.76.

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.

See Also

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

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