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

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

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

Western Asset Premier Bond Fund Stock Performance

Western Asset Premier Bond Fund stock opened at $10.87 on Friday. Western Asset Premier Bond Fund has a 12 month low of $10.40 and a 12 month high of $11.34. The stock’s 50 day simple moving average is $10.91 and its two-hundred day simple moving average is $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.

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

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