Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on June 21st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Wednesday, May 22nd, Zacks reports. Shareholders of record on Friday, June 21st will be paid a dividend of 0.122 per share on Monday, July 1st. This represents a $1.46 annualized dividend and a yield of 11.91%. The ex-dividend date of this dividend is Friday, June 21st.

Western Asset Global Corporate Defined Opportunity Fund has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Western Asset Global Corporate Defined Opportunity Fund Stock Up 0.5 %

Shares of Western Asset Global Corporate Defined Opportunity Fund stock traded up $0.06 on Friday, reaching $12.29. 2,891 shares of the company were exchanged, compared to its average volume of 43,967. The company’s 50-day moving average is $12.21 and its two-hundred day moving average is $12.33. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $11.21 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.