Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) to Issue Monthly Dividend of $0.12 on April 1st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.122 per share on Tuesday, April 1st. This represents a $1.46 dividend on an annualized basis and a dividend yield of 12.59%. The ex-dividend date is Monday, March 24th.

Western Asset Global Corporate Defined Opportunity Fund Trading Up 0.5 %

Shares of Western Asset Global Corporate Defined Opportunity Fund stock opened at $11.62 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a twelve month low of $10.92 and a twelve month high of $13.01. The firm’s 50-day simple moving average is $11.37 and its 200-day simple moving average is $11.78.

About Western Asset Global Corporate Defined Opportunity Fund

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.