Western Asset Premier Bond Fund (NYSE:WEA – Get Free Report) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.07 per share by the investment management company on Tuesday, September 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date is Friday, August 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 Performance
Shares of WEA stock opened at $11.11 on Wednesday. The stock’s 50 day simple moving average is $10.73 and its two-hundred day simple moving average is $10.75. 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
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.
Recommended Stories
- Five stocks we like better than Western Asset Premier Bond Fund
- Investing In Preferred Stock vs. Common Stock
- Can Visa Capitalize on Surging Record Credit Card Debt Levels?
- 5 Top Rated Dividend Stocks to Consider
- Doximity: The ‘Facebook for Doctors’ Surges After Earnings Beat
- Stock Market Sectors: What Are They and How Many Are There?
- Value Investing: Unearthing 3 Hidden Gems in Today’s Market
Receive News & Ratings for Western Asset Premier Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Premier Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.
