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

Western Asset Premier Bond Fund (NYSE:WEA) announced a monthly dividend on Thursday, May 27th, Wall Street Journal reports. Stockholders of record on Friday, July 23rd will be given a dividend of 0.066 per share by the investment management company on Monday, August 2nd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Thursday, July 22nd.

WEA opened at $14.70 on Wednesday. Western Asset Premier Bond Fund has a 1 year low of $12.84 and a 1 year high of $14.87. The company’s 50 day moving average price is $14.56.

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.

Further Reading: Dual Listing

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

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