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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.122 per share on Monday, March 3rd. This represents a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from Western Asset Global Corporate Defined Opportunity Fund’s previous — dividend of $0.10.

Western Asset Global Corporate Defined Opportunity Fund Price Performance

Western Asset Global Corporate Defined Opportunity Fund stock opened at $11.70 on Thursday. The firm has a 50-day moving average of $12.35 and a two-hundred day moving average of $12.41. Western Asset Global Corporate Defined Opportunity Fund has a 1 year low of $11.65 and a 1 year high of $13.04.

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.