Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) announced a monthly dividend on Tuesday, August 15th, Wall Street Journal reports. Stockholders of record on Friday, November 24th will be paid a dividend of 0.1135 per share on Friday, December 1st. This represents a $1.36 annualized dividend and a dividend yield of 7.63%. The ex-dividend date is Wednesday, November 22nd.
Western Asset Global Corp Defind Opp Fnd has decreased its dividend payment by an average of 1.1% annually over the last three years.
Shares of Western Asset Global Corp Defind Opp Fnd (NYSE GDO) opened at $17.86 on Friday. Western Asset Global Corp Defind Opp Fnd has a twelve month low of $16.55 and a twelve month high of $18.58.
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About Western Asset Global Corp Defind Opp Fnd
Western Asset Global Corporate Defined Opportunity Fund Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund’s net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation.
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