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

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Thursday, May 21st. Stockholders of record on Monday, August 24th will be given a dividend of 0.07 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Premier Bond Fund Price Performance

Shares of WEA opened at $10.45 on Friday. Western Asset Premier Bond Fund has a one year low of $10.30 and a one year high of $11.44. The stock’s fifty day moving average is $10.64 and its 200-day moving average is $10.92.

Western Asset Premier Bond Fund Company Profile

Western Asset Premier Bond Fund Inc (NYSE: WEA) is a publicly traded closed-end management investment company that primarily seeks to provide a high level of current income. The fund achieves this objective through a diversified portfolio of fixed-income instruments, including government and corporate debt, mortgage- and asset-backed securities, and other income-producing debt obligations. By investing across various sectors and credit qualities, the fund aims to balance income generation with risk management.

The fund’s investment strategy emphasizes active security selection and broad diversification.