Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Plans Dividend of $0.12

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a dividend on Wednesday, January 22nd,investing.com reports. Stockholders of record on Monday, January 27th will be paid a dividend of 0.122 per share on Monday, February 3rd. This represents a dividend yield of 12.91%. The ex-dividend date of this dividend is Friday, January 24th. This is an increase from Western Asset Global Corporate Defined Opportunity Fund’s previous dividend of $0.10.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of NYSE GDO traded up $0.06 during midday trading on Wednesday, reaching $11.34. 15,841 shares of the stock were exchanged, compared to its average volume of 39,857. Western Asset Global Corporate Defined Opportunity Fund has a 52-week low of $10.92 and a 52-week high of $13.01. The stock has a 50 day moving average price of $11.42 and a 200-day moving average price of $12.13.

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.