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

Western Asset Premier Bond Fund (NYSE:WEA) announced a monthly dividend on Monday, June 10th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be given a dividend of 0.066 per share by the investment management company on Tuesday, October 1st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date is Thursday, September 19th.

Western Asset Premier Bond Fund has decreased its dividend by an average of 10.1% annually over the last three years.

WEA traded up $0.12 during trading on Monday, hitting $13.72. 30,575 shares of the stock traded hands, compared to its average volume of 36,108. Western Asset Premier Bond Fund has a twelve month low of $11.90 and a twelve month high of $13.81.

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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.

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

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