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) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 12.90%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Global Corporate Defined Opportunity Fund Price Performance

GDO stock opened at $11.35 on Friday. The stock’s fifty day simple moving average is $11.28 and its two-hundred day simple moving average is $11.96. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $10.92 and a 1-year high of $13.01.

About Western Asset Global Corporate Defined Opportunity Fund

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.