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

Western Asset Premier Bond Fund (NYSE:WEAGet Free Report) declared a monthly dividend on Friday, February 21st, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of 0.07 per share by the investment management company on Monday, June 2nd. This represents a $0.84 dividend on an annualized basis and a yield of 7.73%. The ex-dividend date is Thursday, May 22nd.

Western Asset Premier Bond Fund has increased its dividend by an average of 2.0% annually over the last three years.

Western Asset Premier Bond Fund Trading Down 0.7 %

NYSE WEA opened at $10.87 on Friday. Western Asset Premier Bond Fund has a twelve month low of $10.40 and a twelve month high of $11.34. The stock has a fifty day simple moving average of $10.90 and a 200-day simple moving average of $11.03.

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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