Legg Mason BW Global Income Opportunities Fund Inc. (BWG) to Issue Monthly Dividend of $0.08 on May 29th

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.08 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend is Thursday, May 21st.

Legg Mason BW Global Income Opportunities Fund Stock Down 0.7%

Shares of NYSE BWG opened at $8.28 on Wednesday. Legg Mason BW Global Income Opportunities Fund has a one year low of $7.46 and a one year high of $8.94. The business’s fifty day moving average price is $8.50 and its 200-day moving average price is $8.54.

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.