Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Announces Dividend Increase – $0.12 Per Share

Posted by Carolyn Dwyer on Jan 25th, 2025

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO – Get Free Report) declared a dividend on Thursday, January 23rd,investing.com reports. Shareholders of record on Monday, January 27th will be given a dividend of 0.122 per share on Monday, February 3rd. This represents a yield of 12.93%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from Western Asset Global Corporate Defined Opportunity Fund’s previous dividend of $0.10.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of GDO opened at $11.22 on Friday. The company’s 50 day simple moving average is $11.39 and its 200-day simple moving average is $12.11. Western Asset Global Corporate Defined Opportunity Fund has a 12-month low of $10.92 and a 12-month high of $13.01.

Western Asset Global Corporate Defined Opportunity Fund Company Profile

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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.