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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Tuesday, December 23rd will be given a dividend of 0.122 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Western Asset Global Corporate Defined Opportunity Fund Price Performance

GDO opened at $11.44 on Friday. The business’s fifty day simple moving average is $11.80 and its 200 day simple moving average is $11.72. Western Asset Global Corporate Defined Opportunity Fund has a 52 week low of $10.29 and a 52 week high of $12.15.

Institutional Investors Weigh In On Western Asset Global Corporate Defined Opportunity Fund

A number of hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in Western Asset Global Corporate Defined Opportunity Fund in the 3rd quarter worth $37,000. Landscape Capital Management L.L.C. purchased a new position in Western Asset Global Corporate Defined Opportunity Fund in the 1st quarter worth approximately $143,000. Susquehanna International Group LLP purchased a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund during the third quarter valued at approximately $177,000. Royal Bank of Canada grew its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 54.1% in the first quarter. Royal Bank of Canada now owns 28,370 shares of the company’s stock worth $329,000 after purchasing an additional 9,957 shares during the last quarter. Finally, Shaker Financial Services LLC raised its holdings in Western Asset Global Corporate Defined Opportunity Fund by 2.8% during the 3rd quarter. Shaker Financial Services LLC now owns 33,791 shares of the company’s stock valued at $407,000 after buying an additional 918 shares during the last quarter.

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.