Western Asset Premier Bond Fund (WEA) to Issue Monthly Dividend of $0.07 on May 29th

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be given a dividend of 0.07 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Thursday, May 21st.

Western Asset Premier Bond Fund Stock Down 0.2%

Shares of Western Asset Premier Bond Fund stock opened at $10.99 on Wednesday. The company has a fifty day moving average price of $11.12 and a 200 day moving average price of $11.11. Western Asset Premier Bond Fund has a twelve month low of $10.16 and a twelve month high of $11.44.

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.