Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Declares $0.12 Monthly Dividend

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be given a dividend of 0.122 per share on Monday, June 2nd. This represents a $1.46 dividend on an annualized basis and a dividend yield of 12.74%. The ex-dividend date is Thursday, May 22nd.

Western Asset Global Corporate Defined Opportunity Fund Stock Up 0.3 %

GDO opened at $11.49 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a one year low of $10.92 and a one year high of $13.01. The business has a 50 day simple moving average of $11.28 and a two-hundred day simple moving average of $11.96.

Western Asset Global Corporate Defined Opportunity Fund Company Profile

Western Asset Global Corporate Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited.