Legg Mason BW Global Income Opportunities Fund Inc. (BWG) To Go Ex-Dividend on April 22nd

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Wednesday, February 21st, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be paid a dividend of 0.08 per share on Wednesday, May 1st. This represents a $0.96 annualized dividend and a yield of 12.00%. The ex-dividend date of this dividend is Monday, April 22nd.

Legg Mason BW Global Income Opportunities Fund has increased its dividend by an average of 4.9% per year over the last three years.

Legg Mason BW Global Income Opportunities Fund Stock Performance

Shares of NYSE BWG opened at $8.00 on Friday. The stock’s 50-day moving average is $8.36 and its two-hundred day moving average is $8.06. Legg Mason BW Global Income Opportunities Fund has a 1-year low of $6.86 and a 1-year high of $8.65.

Institutional Investors Weigh In On Legg Mason BW Global Income Opportunities Fund

Several large investors have recently bought and sold shares of the stock. Pathstone Holdings LLC purchased a new stake in Legg Mason BW Global Income Opportunities Fund during the 4th quarter worth about $5,968,000. Nomura Holdings Inc. acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 4th quarter worth about $154,000. Comerica Bank acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 3rd quarter worth about $26,000. Morgan Stanley boosted its position in shares of Legg Mason BW Global Income Opportunities Fund by 2.9% during the 3rd quarter. Morgan Stanley now owns 2,544,294 shares of the company’s stock worth $19,108,000 after acquiring an additional 72,710 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Legg Mason BW Global Income Opportunities Fund by 49.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 154,243 shares of the company’s stock worth $1,158,000 after acquiring an additional 50,888 shares in the last quarter.

About Legg Mason BW Global Income Opportunities Fund

Legg Mason BW Global Income Opportunities 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 Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio.