Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Declares Monthly Dividend of $0.12

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.122 per share on Monday, June 2nd. This represents a $1.46 annualized dividend and a yield of 12.74%. The ex-dividend date is Thursday, May 22nd.

Western Asset Global Corporate Defined Opportunity Fund Price Performance

NYSE GDO traded up $0.04 during trading on Thursday, reaching $11.49. The company’s stock had a trading volume of 33,737 shares, compared to its average volume of 34,622. The firm has a fifty day moving average of $11.28 and a 200 day moving average of $11.97. Western Asset Global Corporate Defined Opportunity Fund has a one year low of $10.92 and a one year high of $13.01.

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.