Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on June 23rd

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.122 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.6%. The ex-dividend date is Tuesday, June 23rd.

Western Asset Global Corporate Defined Opportunity Fund Stock Down 1.0%

Shares of GDO stock opened at $10.78 on Friday. The stock has a 50 day simple moving average of $10.98 and a 200-day simple moving average of $11.40. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $10.52 and a 1-year high of $12.15.

About Western Asset Global Corporate Defined Opportunity Fund

The Western Asset Global Corporate Defined Opportunity Fund (NYSE:GDO) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues a broadly diversified portfolio of corporate debt instruments, investing across investment-grade and below investment-grade securities issued by corporations worldwide. Through an actively managed strategy, GDO aims to capture opportunities arising from market dislocations, credit spreads and interest rate movements.

GDO’s investment approach is built around a global credit platform, allowing the fund to allocate capital across various sectors, regions and credit-quality levels.