Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) to Issue Monthly Dividend of $0.12 on December 31st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.122 per share on Tuesday, December 31st. This represents a $1.46 annualized dividend and a yield of 13.12%. The ex-dividend date of this dividend is Monday, December 23rd.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of NYSE GDO traded up $0.10 during trading hours on Friday, hitting $11.16. 55,364 shares of the stock were exchanged, compared to its average volume of 49,822. The company’s fifty day simple moving average is $11.79 and its two-hundred day simple moving average is $12.30. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $11.03 and a 1-year high of $13.04.

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.