Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Increases Dividend to $0.12 Per Share

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a dividend on Thursday, January 23rd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.122 per share on Monday, February 3rd. This represents a dividend 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 Down 0.1 %

Shares of NYSE GDO traded down $0.01 during trading on Thursday, hitting $11.33. The company had a trading volume of 9,969 shares, compared to its average volume of 37,719. The stock has a 50 day simple moving average of $11.41 and a 200 day simple moving average of $12.12. 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

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.