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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a dividend on Wednesday, January 22nd,investing.com reports. Investors 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 12.91%. 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 Trading Up 0.5 %

Western Asset Global Corporate Defined Opportunity Fund stock traded up $0.06 during trading hours on Wednesday, hitting $11.34. The stock had a trading volume of 15,841 shares, compared to its average volume of 39,857. The company has a 50-day moving average of $11.42 and a two-hundred day moving average of $12.13. Western Asset Global Corporate Defined Opportunity Fund has a fifty-two week low of $10.92 and a fifty-two week high of $13.01.

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.