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

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Wednesday, November 27th,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 annualized dividend and a dividend yield of 7.71%. The ex-dividend date of this dividend is Friday, February 21st.

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

Western Asset Premier Bond Fund Stock Down 0.3 %

NYSE:WEA traded down $0.03 during trading hours on Wednesday, hitting $10.89. 5,082 shares of the company were exchanged, compared to its average volume of 36,927. Western Asset Premier Bond Fund has a 52-week low of $10.37 and a 52-week high of $11.34. The company’s 50 day moving average price is $11.13 and its 200-day moving average price is $10.92.

Western Asset Premier Bond Fund Company Profile

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.