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

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

Western Asset Premier Bond Fund Trading Down 0.2%

Shares of WEA stock traded down $0.02 during trading on Monday, reaching $11.01. The company’s stock had a trading volume of 26,604 shares, compared to its average volume of 32,523. Western Asset Premier Bond Fund has a 1-year low of $10.16 and a 1-year high of $11.44. The stock’s 50-day moving average price is $11.12 and its 200 day moving average price is $11.11.

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.