Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) to Issue $0.08 Monthly Dividend

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Friday, August 23rd will be paid a dividend of 0.08 per share on Tuesday, September 3rd. This represents a $0.96 annualized dividend and a dividend yield of 11.00%. The ex-dividend date of this dividend is Friday, August 23rd.

Legg Mason BW Global Income Opportunities Fund has raised its dividend payment by an average of 4.9% per year over the last three years.

Legg Mason BW Global Income Opportunities Fund Stock Performance

NYSE:BWG opened at $8.73 on Wednesday. The company’s 50-day moving average price is $8.50 and its two-hundred day moving average price is $8.39. Legg Mason BW Global Income Opportunities Fund has a 12 month low of $6.86 and a 12 month high of $8.74.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities 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 Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio.