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

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

Legg Mason BW Global Income Opportunities Fund Trading Up 0.1%

BWG stock traded up $0.01 on Thursday, hitting $7.79. The company had a trading volume of 14,129 shares, compared to its average volume of 85,516. The stock’s 50-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 12-month low of $7.46 and a 12-month high of $8.94.

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.