Legg Mason BW Global Income Opportunities Fund Inc. Plans Monthly Dividend of $0.08 (NYSE:BWG)

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.08 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend is Thursday, April 23rd.

Legg Mason BW Global Income Opportunities Fund Stock Performance

NYSE:BWG traded down $0.05 on Monday, hitting $8.34. 47,898 shares of the stock were exchanged, compared to its average volume of 104,883. The stock has a fifty day moving average of $8.50 and a 200-day moving average of $8.55. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.94.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.