Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) declared a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Stockholders of record on Friday, February 16th will be given a dividend of 0.1135 per share on Thursday, March 1st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 8.00%. The ex-dividend date is Thursday, February 15th.
Western Asset Global Corp Defind Opp Fnd has decreased its dividend by an average of 0.5% annually over the last three years.
Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) opened at $17.03 on Friday. Western Asset Global Corp Defind Opp Fnd has a 52-week low of $16.41 and a 52-week high of $18.58.
Western Asset Global Corporate Defined Opportunity Fund Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund’s net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation.
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