Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on August 22nd

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Friday, May 16th, Wall Street Journal reports. Shareholders of record on Friday, August 22nd will be paid a dividend of 0.122 per share on Tuesday, September 2nd. This represents a $1.46 annualized dividend and a yield of 12.81%. The ex-dividend date of this dividend is Friday, August 22nd.

Western Asset Global Corporate Defined Opportunity Fund Trading Down 0.0%

Shares of Western Asset Global Corporate Defined Opportunity Fund stock opened at $11.43 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a 52 week low of $10.29 and a 52 week high of $13.01. The firm’s 50 day moving average is $11.29 and its two-hundred day moving average is $11.39.

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

An institutional investor recently raised its position in Western Asset Global Corporate Defined Opportunity Fund stock. Royal Bank of Canada grew its position in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) by 54.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,370 shares of the company’s stock after acquiring an additional 9,957 shares during the quarter. Royal Bank of Canada’s holdings in Western Asset Global Corporate Defined Opportunity Fund were worth $329,000 at the end of the most recent reporting period.

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.