Is the Western Asset Premier Bond Fund dividend safe?
At risk
Western Asset Premier Bond Fund pays 7.9% a year, but that takes 94% of its free cash flow.
The numbers behind it
Dividend yield7.9%
Paid out of free cash flow94%
Paid out of profit72%
Debt in years of earnings7.3 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about Western Asset Premier Bond Fund
Data as of Nov 13, 2026.