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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Investors of record on Friday, February 21st will be given a dividend of 0.122 per share on Monday, March 3rd. This represents a yield of 12.5%. The ex-dividend date is Friday, February 21st.

Western Asset Global Corporate Defined Opportunity Fund Trading Down 0.7 %

Shares of NYSE GDO opened at $11.50 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $11.49 and a 1-year high of $13.04. The business’s 50 day moving average is $12.32 and its 200-day moving average is $12.40.

Western Asset Global Corporate Defined Opportunity Fund Company Profile

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.