Western Asset Premier Bond Fund (WEA) To Go Ex-Dividend on April 22nd

Posted by Doug Madison on Apr 20th, 2024

Western Asset Premier Bond Fund (NYSE:WEA – Get Free Report) announced a monthly dividend on Wednesday, February 21st, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.07 per share by the investment management company on Wednesday, May 1st. This represents a $0.84 annualized dividend and a yield of 7.92%. The ex-dividend date of this dividend is Monday, April 22nd.

Western Asset Premier Bond Fund has increased its dividend payment by an average of 0.5% annually over the last three years and has increased its dividend every year for the last 1 years.

Western Asset Premier Bond Fund Stock Up 0.2 %

WEA opened at $10.61 on Friday. Western Asset Premier Bond Fund has a 1-year low of $9.60 and a 1-year high of $11.29. The company has a fifty day moving average price of $10.74 and a two-hundred day moving average price of $10.64.

Institutional Investors Weigh In On Western Asset Premier Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Comerica Bank bought a new stake in Western Asset Premier Bond Fund in the third quarter valued at $61,000. Money Concepts Capital Corp bought a new stake in shares of Western Asset Premier Bond Fund during the fourth quarter worth about $95,000. Royal Bank of Canada increased its position in shares of Western Asset Premier Bond Fund by 15.4% during the second quarter. Royal Bank of Canada now owns 10,313 shares of the investment management company’s stock worth $105,000 after acquiring an additional 1,374 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Western Asset Premier Bond Fund during the first quarter worth about $173,000. Finally, PNC Financial Services Group Inc. bought a new stake in shares of Western Asset Premier Bond Fund during the second quarter worth about $187,000.

About Western Asset Premier Bond Fund

(Get Free Report)

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.