Western Asset Premier Bond Fund Dividends and Buybacks

Dividend criteria checks 2/6

Western Asset Premier Bond Fund is a dividend paying company with a current yield of 7.91%. Next payment date is on 2nd June, 2025 with an ex-dividend date of 22nd May, 2025.

Key information

7.9%

Dividend yield

Buyback Yield

Total Shareholder Yield	7.9%
Future Dividend Yield	n/a
Dividend Growth	-3.5%
Next dividend pay date	02 Jun 25
Ex dividend date	22 May 25
Dividend per share	n/a
Payout ratio	158%

Recent dividend and buyback updates

Recent updates

WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)

Nov 25

WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields

Oct 18

WEA: 7% Yielding CEF, Overweight Investment Grade Bonds

Feb 15

Western Asset Premier Bond Fund goes ex dividend tomorrow

Dec 20

WEA: An Opportunity Opening Up In Higher Quality Bonds

Nov 10

Western Asset Premier Bond Fund goes ex-dividend tomorrow

Oct 20

Upcoming 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

How does WEA dividend yield compare to the market?
Segment	Dividend Yield
Company (WEA)	7.9%
Market Bottom 25% (US)	1.6%
Market Top 25% (US)	4.8%
Industry Average (Capital Markets)	2.1%
Analyst forecast (WEA) (up to 3 years)	n/a

Notable Dividend: WEA's dividend (7.91%) is higher than the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: WEA's dividend (7.91%) is in the top 25% of dividend payers in the US market (4.81%)

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (157.6%), WEA's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: WEA is paying a dividend but the company has no free cash flows.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/11 10:06
End of Day Share Price	2025/05/09 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Western Asset Premier Bond Fund is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kristoph Rollenhagen	Oppenheimer & Co. Inc.