Western Asset Premier Bond Fund
WEAFinancial Services · Stock · monthly payer
$10.55
Add to PortfolioForward Yield
7.96%
Annual Dividend
$0.84
Payout Ratio
72%
5-Yr Growth
1.2%
Ex-Date
Jun 23, 2026
Frequency
Monthly
WEA Dividend Safety Score
67/ 100
Grade B
Safe
Dividend-growth streak7 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage72% of earnings paid out
Balance-sheet strengthDebt/equity of 0.48
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is WEA a good dividend stock?
Yes, with caveatsWestern Asset Premier Bond Fund (WEA) pays a monthly dividend yielding 7.96% ($0.84/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2018
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.96%
- Payout Ratio
- 72%
- Annual Dividend
- $0.84
- 5-Yr Avg Growth
- 1.2%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 7
- Frequency
- monthly
- Beta
- 0.49
- Market Cap
- $125.2M
- P/E Ratio
- 9.0
- 5-Yr Total Return
- -29%
- 52-Week Range
- $10.30 – $11.44
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.0700 | regular |
| Apr 23, 2026 | — | $0.0700 | regular |
| Mar 24, 2026 | — | $0.0700 | regular |
| Feb 20, 2026 | — | $0.0700 | regular |
| Jan 23, 2026 | — | $0.0700 | regular |
| Dec 23, 2025 | — | $0.0700 | regular |
| Nov 20, 2025 | — | $0.0700 | regular |
| Oct 24, 2025 | — | $0.0700 | regular |
| Sep 23, 2025 | — | $0.0700 | regular |
| Aug 22, 2025 | — | $0.0700 | regular |
| Jul 24, 2025 | — | $0.0700 | regular |
| Jun 23, 2025 | — | $0.0700 | regular |
| May 22, 2025 | — | $0.0700 | regular |
| Apr 23, 2025 | — | $0.0700 | regular |
Income Calculator
At $0.84 / yr per share
Per payment (monthly)$7.00
Annual$84.00
Monthly avg$7.00
