Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Plans — Dividend of $0.12

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a — dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.122 per share on Monday, March 3rd. This represents a dividend yield of 12.5%. The ex-dividend date is Friday, February 21st.

Western Asset Global Corporate Defined Opportunity Fund Stock Down 0.1 %

Shares of NYSE:GDO opened at $11.46 on Wednesday. Western Asset Global Corporate Defined Opportunity Fund has a twelve month low of $10.92 and a twelve month high of $13.01. The stock’s 50 day moving average is $11.29 and its 200-day moving average is $11.98.

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.