Reminder - Western Asset Premier Bond Fund (WEA) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Western Asset Premier Bond Fund ( WEA) will trade ex-dividend, for its monthly dividend of $0.09, payable on 10/25/13. As a percentage of WEA's recent stock price of $14.25, this dividend works out to approximately 0.63%, so look for shares of Western Asset Premier Bond Fund to trade 0.63% lower — all else being equal — when WEA shares open for trading on 10/16/13.

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Below is a dividend history chart for WEA, showing historical dividends prior to the most recent $0.09 declared by Western Asset Premier Bond Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from WEA is likely to continue, and whether the current estimated yield of 7.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of WEA shares, versus its 200 day moving average:

Western Asset Premier Bond Fund 200 Day Moving Average Chart

Looking at the chart above, WEA's low point in its 52 week range is $13.00 per share, with $17.00 as the 52 week high point — that compares with a last trade of $14.25.
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In Monday trading, Western Asset Premier Bond Fund shares are currently off about 0.7% on the day.