Legg Mason BW Global Income Opportunities Fund Inc. Plans Monthly Dividend of $0.08 (NYSE:BWG)

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, October 23rd will be paid a dividend of 0.08 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend is Friday, October 23rd.

Legg Mason BW Global Income Opportunities Fund Stock Up 0.0%

Shares of BWG stock opened at $7.78 on Thursday. The stock’s fifty day simple moving average is $7.87 and its 200 day simple moving average is $8.03. Legg Mason BW Global Income Opportunities Fund has a one year low of $7.46 and a one year high of $8.94.

Institutional Investors Weigh In On Legg Mason BW Global Income Opportunities Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 7.0% in the 1st quarter. Royal Bank of Canada now owns 87,667 shares of the company’s stock worth $732,000 after purchasing an additional 5,728 shares during the last quarter. XTX Topco Ltd bought a new position in Legg Mason BW Global Income Opportunities Fund during the 2nd quarter valued at about $111,000. Invesco Ltd. lifted its holdings in Legg Mason BW Global Income Opportunities Fund by 14.5% during the 2nd quarter. Invesco Ltd. now owns 139,368 shares of the company’s stock valued at $1,158,000 after purchasing an additional 17,698 shares during the last quarter. Cerity Partners LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund in the second quarter valued at about $105,000. Finally, Ameriprise Financial Inc. boosted its position in Legg Mason BW Global Income Opportunities Fund by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 24,770 shares of the company’s stock valued at $206,000 after buying an additional 1,298 shares in the last quarter.

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.