Western Asset Global Corp Defind Opp Fnd to Issue Monthly Dividend of $0.11 (GDO)
Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) declared a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, January 19th will be given a dividend of 0.1135 per share on Thursday, February 1st. This represents a $1.36 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Thursday, January 18th.
Western Asset Global Corp Defind Opp Fnd has decreased its dividend by an average of 1.1% annually over the last three years.
Western Asset Global Corp Defind Opp Fnd (GDO) traded down $0.17 on Tuesday, reaching $17.87. The company had a trading volume of 24,900 shares, compared to its average volume of 37,442. Western Asset Global Corp Defind Opp Fnd has a 1-year low of $16.41 and a 1-year high of $18.58.
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Western Asset Global Corp Defind Opp Fnd Company Profile
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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