Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) announced a monthly dividend on Friday, February 16th, Wall Street Journal reports. Stockholders of record on Friday, March 23rd will be paid a dividend of 0.1085 per share on Monday, April 2nd. This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.77%. The ex-dividend date is Thursday, March 22nd.
Western Asset Global Corp Defind Opp Fnd has decreased its dividend by an average of 0.5% per year over the last three years.
Shares of Western Asset Global Corp Defind Opp Fnd stock traded up $0.02 on Friday, reaching $16.76. 23,475 shares of the company were exchanged, compared to its average volume of 40,562. Western Asset Global Corp Defind Opp Fnd has a fifty-two week low of $16.41 and a fifty-two week high of $18.58.
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About Western Asset Global Corp Defind Opp Fnd
Western Asset Global Corporate Defined Opportunity Fund Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund’s net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation.
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