Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on April 22nd

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Wednesday, February 21st, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.102 per share on Wednesday, May 1st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date of this dividend is Monday, April 22nd.

Western Asset Global Corporate Defined Opportunity Fund has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 1 years.

Western Asset Global Corporate Defined Opportunity Fund Trading Up 0.4 %

Shares of GDO opened at $12.00 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a 52 week low of $11.21 and a 52 week high of $13.04. The stock has a fifty day moving average of $12.42 and a 200-day moving average of $12.23.

Institutional Trading of Western Asset Global Corporate Defined Opportunity Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Money Concepts Capital Corp acquired a new stake in Western Asset Global Corporate Defined Opportunity Fund in the fourth quarter valued at $30,000. Comerica Bank acquired a new stake in Western Asset Global Corporate Defined Opportunity Fund in the third quarter valued at $33,000. Envestnet Asset Management Inc. increased its holdings in Western Asset Global Corporate Defined Opportunity Fund by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 10,897 shares of the company’s stock valued at $148,000 after purchasing an additional 832 shares during the period. Susquehanna International Group LLP acquired a new stake in Western Asset Global Corporate Defined Opportunity Fund in the first quarter valued at $178,000. Finally, Stifel Financial Corp increased its holdings in Western Asset Global Corporate Defined Opportunity Fund by 14.0% in the first quarter. Stifel Financial Corp now owns 14,779 shares of the company’s stock valued at $188,000 after purchasing an additional 1,812 shares during the period.

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.