Western Asset Premier Bond Fund (NYSE:WEA) Increases Dividend to $0.07 Per Share

Western Asset Premier Bond Fund (NYSE:WEA) announced a dividend on Monday, November 25th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.07 per share by the investment management company on Tuesday, December 31st. The ex-dividend date of this dividend is Monday, December 23rd. This is an increase from Western Asset Premier Bond Fund’s previous dividend of $0.07.

Western Asset Premier Bond Fund has increased its dividend by an average of 0.5% annually over the last three years.

Western Asset Premier Bond Fund Stock Down 2.4 %

Shares of WEA stock traded down $0.27 on Tuesday, hitting $10.89. The company’s stock had a trading volume of 79,465 shares, compared to its average volume of 36,927. Western Asset Premier Bond Fund has a fifty-two week low of $10.37 and a fifty-two week high of $11.34. The firm’s fifty day moving average price is $11.14 and its 200-day moving average price is $10.92.

Western Asset Premier Bond Fund Company Profile

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.