Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) to Issue Monthly Dividend of $0.12 on September 3rd

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Friday, May 24th, Wall Street Journal reports. Stockholders of record on Friday, August 23rd will be given a dividend of 0.122 per share on Tuesday, September 3rd. This represents a $1.46 annualized dividend and a dividend yield of 11.42%. The ex-dividend date of this dividend is Friday, August 23rd.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of GDO stock opened at $12.82 on Wednesday. The company has a 50 day moving average price of $12.43 and a 200 day moving average price of $12.37. Western Asset Global Corporate Defined Opportunity Fund has a fifty-two week low of $11.21 and a fifty-two week 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.