Legg Mason BW Global Income Opportunities Fund Inc. (BWG) to Issue Monthly Dividend of $0.08 on August 31st

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Monday, August 24th will be given a dividend of 0.08 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 12.2%. The ex-dividend date is Monday, August 24th.

Legg Mason BW Global Income Opportunities Fund Trading Down 1.3%

NYSE BWG opened at $7.88 on Friday. Legg Mason BW Global Income Opportunities Fund has a 52 week low of $7.46 and a 52 week high of $8.94. The business’s fifty day simple moving average is $7.92 and its 200-day simple moving average is $8.26.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.