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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.122 per share on Tuesday, April 1st. This represents a $1.46 annualized dividend and a dividend yield of 12.59%. The ex-dividend date is Monday, March 24th.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of GDO opened at $11.62 on Friday. The company’s fifty day simple moving average is $11.37 and its 200 day simple moving average is $11.78. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $10.92 and a 1-year 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.