Western Asset Premier Bond Fund Dividend
Dividend criteria checks 4/6
Western Asset Premier Bond Fund is a dividend paying company with a current yield of 7.87% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
7.9%
Dividend yield
77%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 22 May 24 |
Dividend per share | n/a |
Earnings per share | US$1.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Andvari Associates - Western Asset Premier Bond Fund: Silver Linings In Rates
Apr 14WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)
Nov 25WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields
Oct 18WEA: 7% Yielding CEF, Overweight Investment Grade Bonds
Feb 15Western Asset Premier Bond Fund goes ex dividend tomorrow
Dec 20WEA: An Opportunity Opening Up In Higher Quality Bonds
Nov 10Western Asset Premier Bond Fund goes ex-dividend tomorrow
Oct 20Western Asset Premier Bond Fund goes ex-dividend tomorrow
Dec 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WEA's dividend payments have been volatile in the past 10 years.
Growing Dividend: WEA's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Western Asset Premier Bond Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (WEA) | 7.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Capital Markets) | 2.3% |
Analyst forecast in 3 Years (WEA) | n/a |
Notable Dividend: WEA's dividend (7.87%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: WEA's dividend (7.87%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), WEA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.8%), WEA's dividend payments are well covered by cash flows.