Ex-Div Reminder For Western Asset Premier Bond Fund (WEA)

Looking at the universe of stocks we cover at Dividend Channel, on 11/19/14, Western Asset Premier Bond Fund (WEA) will trade ex-dividend, for its monthly dividend of $0.09, payable on 11/28/14. As a percentage of WEA's recent stock price of $14.24, 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 11/19/14.

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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:

WEA+Dividend+History+Chart

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 $13.85 per share, with $15.46 as the 52 week high point — that compares with a last trade of $14.23.

In Monday trading, Western Asset Premier Bond Fund shares are currently up about 0.1% on the day.

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