Western Asset Premier Bond Fund (NYSE:WEA) announced a monthly dividend on Friday, June 7th, Wall Street Journal reports. Stockholders of record on Friday, June 21st will be given a dividend of 0.066 per share by the investment management company on Monday, July 1st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Thursday, June 20th. This is a positive change from Western Asset Premier Bond Fund’s previous monthly dividend of $0.07.
Western Asset Premier Bond Fund has decreased its dividend by an average of 10.1% per year over the last three years.
Western Asset Premier Bond Fund stock opened at $13.68 on Friday. Western Asset Premier Bond Fund has a twelve month low of $11.90 and a twelve month high of $13.94. The business has a 50-day simple moving average of $13.44.
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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