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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Wednesday, May 22nd, Zacks reports. Stockholders of record on Friday, June 21st will be given a dividend of 0.122 per share on Monday, July 1st. This represents a $1.46 annualized dividend and a dividend yield of 11.89%. The ex-dividend date is Friday, June 21st.

Western Asset Global Corporate Defined Opportunity Fund Trading Down 0.6 %

Shares of NYSE:GDO opened at $12.31 on Thursday. Western Asset Global Corporate Defined Opportunity Fund has a 52-week low of $11.21 and a 52-week high of $13.04. The firm has a fifty day moving average of $12.19 and a 200 day moving average of $12.41.

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.