Western Asset Bond ETF (NASDAQ:WABF) Increases Dividend to $0.13 Per Share

Western Asset Bond ETF (NASDAQ:WABF) declared a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.1329 per share on Tuesday, October 6th. This represents a $1.59 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Thursday, October 1st. This is a 48.1% increase from Western Asset Bond ETF’s previous monthly dividend of $0.0897.

Western Asset Bond ETF Stock Performance

Shares of WABF stock opened at $23.66 on Thursday. Western Asset Bond ETF has a 12 month low of $23.49 and a 12 month high of $25.79. The firm’s 50 day moving average is $24.34 and its 200 day moving average is $24.76.

About Western Asset Bond ETF

The Western Asset Bond ETF (WABF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a portfolio comprised of USD-denominated debt instruments and fixed income securities of various maturities, with limited exposure to high yield, emerging market debts, and structured securities. The fund intends to use derivatives to gain exposure, manage risks, and enhance returns. WABF was launched on Sep 19, 2023 and is issued by Franklin Templeton.