Western Asset Premier Bond Fund (Western Asset Premier Bond Fund) Dividend Payout Ratio : 0.61 (As of Dec. 2023)

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What is Western Asset Premier Bond Fund Dividend Payout Ratio?

Western Asset Premier Bond Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Premier Bond Fund is 0.78, which seems too high.

The historical rank and industry rank for Western Asset Premier Bond Fund's Dividend Payout Ratio or its related term are showing as below:

WEA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.78 Max: 3.05
Current: 0.78

During the past 7 years, the highest Dividend Payout Ratio of Western Asset Premier Bond Fund was 3.05. The lowest was 0.32. And the median was 0.78.

WEA's Dividend Payout Ratio is ranked better than
53.85% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs WEA: 0.78

As of today (2024-05-01), the Dividend Yield % of Western Asset Premier Bond Fund is 7.61%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Western Asset Premier Bond Fund was 8.29%. The lowest was 5.34%. And the median was 6.46%.

Western Asset Premier Bond Fund's Dividends per Share for the months ended in Dec. 2023 was $0.41.

During the past 12 months, Western Asset Premier Bond Fund's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Premier Bond Fund was 0.70% per year. The lowest was -2.50% per year. And the median was 0.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Western Asset Premier Bond Fund Dividend Payout Ratio Historical Data

The historical data trend for Western Asset Premier Bond Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Premier Bond Fund Dividend Payout Ratio Chart

Western Asset Premier Bond Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.32

0.82

3.05

0.78

Western Asset Premier Bond Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								-	-	1.65	1.10	0.61

Competitive Comparison of Western Asset Premier Bond Fund's Dividend Payout Ratio

For the Asset Management subindustry, Western Asset Premier Bond Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Asset Premier Bond Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Premier Bond Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Premier Bond Fund's Dividend Payout Ratio falls into.

Western Asset Premier Bond Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Western Asset Premier Bond Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.808	/	1.04
	=	0.78

Western Asset Premier Bond Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.412	/	0.68
	=	0.61

Western Asset Premier Bond Fund (NYSE:WEA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Western Asset Premier Bond Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Western Asset Premier Bond Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Asset Premier Bond Fund (Western Asset Premier Bond Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Premier Bond Fund (NYSE:WEA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018

Website

http://www.lmcef.com

Western Asset Premier Bond Fund is a diversified, closed-end management investment company. Its investment objective is to provide current income and capital appreciation by investing in a diversified portfolio of investment-grade bonds. The Fund invests in sectors, such as financials, energy, telecommunication services, consumer discretionary, healthcare, materials, information technology, and consumer staples.

Executives

Ronald L Olson	director	EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Siart William E B	director	266 TOYOPA DRIVE, PACIFIC PALISADES CA 90272
Hoffmann Courtney A.	other: Secretary/GC Subadviser	WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden	other: COO/Subadviser	WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De	officer: Secretary / Chief LGL Officer	C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker	other: Director of Investment Adviser	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls	other: Director of Investment Adviser	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson	other: Director of Investment Adviser	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Michael Larson	director	2365 CARILLON POINT, KIRKLAND WA 98033
Susan B Kerley	director	51 MADISON AVENUE, NEW YORK NY 10010
Jane F Dasher	director	KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Christopher Berarducci	officer: Treas/Principal Finan Officer	LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Ted P Becker	officer: Chief Compliance Officer	399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Peter J. Taylor	director	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Thomas C Merchant	other: Director of Subadviser	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202