Legg Mason BW Global Income Opportunities Fund Inc. (BWG) to Issue Monthly Dividend of $0.08 on February 27th

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.08 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date is Friday, February 20th.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $8.56 on Wednesday. The firm has a 50 day simple moving average of $8.50 and a 200 day simple moving average of $8.55. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.94.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.