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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be given a dividend of 0.122 per share on Monday, June 2nd. This represents a $1.46 dividend on an annualized basis and a dividend yield of 12.74%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

GDO traded up $0.04 during trading on Thursday, reaching $11.49. 33,737 shares of the company were exchanged, compared to its average volume of 34,622. Western Asset Global Corporate Defined Opportunity Fund has a 12-month low of $10.92 and a 12-month high of $13.01. The company’s 50-day moving average is $11.28 and its two-hundred day moving average is $11.97.

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.