WEA Dividend
Western Asset Premier Bond Fund
NYSEFinancial ServicesStockData as of
- Dividend yield
- 8.71%
- Annual dividend
- $0.84
- Payout ratio
- 1.10
- Frequency
- Monthly
- Share price
- $9.64
- Market cap
- $114M
Next payment
Ex-dividend date: Pay date: Amount: $0.0700
You must own the shares before the ex-dividend date to receive this payment.
Is WEA a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 8.71%, the yield is more than three times the median of 2.85% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Paying out more than it earnsA payout ratio of 1.10 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
- Dividend has been cut 5 timesAcross 24 complete years, the annual total fell in 2016, 2017, 2018 and earlier. The most recent reduction was in 2018.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
WEA dividend history
Annual dividend per share, 2002 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0700 | Monthly | ||
| $0.0700 | Monthly | ||
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| $0.0700 | Monthly | ||
| $0.0700 | Monthly | ||
| $0.0660 | Monthly | ||
| $0.0660 | Monthly |
How much would WEA pay you?
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Calculate WEA dividend income →WEA appears in
Other financial services dividend stocks
Closest to WEA on yield.
- PIMFranklin Master Intermediate Income Trust8.71%
- BMABanco Macro S.A.8.71%
- NEANuveen AMT-Free Quality Municipal Income Fund8.70%
- RVTRoyce Value Trust Inc.8.73%
- PDXPimco Dynamic Income Strategy Fund8.73%
- NADNuveen Quality Municipal Income Fund8.74%
- ETYEaton Vance Tax-Managed Diversified Equity Income Fund8.75%
- MSDMorgan Stanley Emerging Markets Debt Fund, Inc.8.68%
Frequently asked questions
- Does WEA pay a dividend?
- Yes. Western Asset Premier Bond Fund pays a monthly dividend, currently yielding 8.71% based on trailing twelve-month payments of $0.84 per share.
- How much does WEA pay in dividends?
- $0.84 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next WEA ex-dividend date?
- The next ex-dividend date on record is November 20, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.