Western Asset Premier Bond Fund (WEA) Plans Monthly Dividend of $0.07
Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Friday, September 14th, Wall Street Journal reports. Investors of record on Friday, November 23rd will be given a dividend of 0.065 per share by the investment management company on Monday, December 3rd. This represents a $0.78 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Wednesday, November 21st.
Western Asset Premier Bond Fund has decreased its dividend payment by an average of 7.1% per year over the last three years.
WEA stock traded down $0.13 during trading on Friday, reaching $12.55. 24,605 shares of the company were exchanged, compared to its average volume of 31,220. Western Asset Premier Bond Fund has a twelve month low of $12.50 and a twelve month high of $14.24.
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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