Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) to Distribute Monthly Dividend of $0.12 on July 31st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, July 24th will be given a dividend of 0.122 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 13.9%. The ex-dividend date of this dividend is Friday, July 24th.

Western Asset Global Corporate Defined Opportunity Fund Stock Down 0.1%

Shares of NYSE GDO opened at $10.52 on Wednesday. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $10.46 and a 1-year high of $12.15. The company has a 50-day moving average of $10.70 and a two-hundred day moving average of $11.07.

About Western Asset Global Corporate Defined Opportunity Fund

The Western Asset Global Corporate Defined Opportunity Fund (NYSE:GDO) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues a broadly diversified portfolio of corporate debt instruments, investing across investment-grade and below investment-grade securities issued by corporations worldwide. Through an actively managed strategy, GDO aims to capture opportunities arising from market dislocations, credit spreads and interest rate movements.

GDO’s investment approach is built around a global credit platform, allowing the fund to allocate capital across various sectors, regions and credit-quality levels.