Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) to Issue Monthly Dividend of $0.12 on December 31st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Thursday, November 20th. Investors of record on Tuesday, December 23rd will be given a dividend of 0.122 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Tuesday, December 23rd.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

GDO stock opened at $11.50 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a 1-year low of $10.29 and a 1-year high of $12.15. The business has a 50 day simple moving average of $11.79 and a two-hundred day simple moving average of $11.72.

Institutional Trading of Western Asset Global Corporate Defined Opportunity Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new stake in Western Asset Global Corporate Defined Opportunity Fund in the 3rd quarter worth $37,000. Landscape Capital Management L.L.C. bought a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the first quarter worth about $143,000. Susquehanna International Group LLP purchased a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the third quarter worth about $177,000. Royal Bank of Canada boosted its stake in Western Asset Global Corporate Defined Opportunity Fund by 54.1% during the first quarter. Royal Bank of Canada now owns 28,370 shares of the company’s stock valued at $329,000 after buying an additional 9,957 shares during the last quarter. Finally, Shaker Financial Services LLC boosted its stake in Western Asset Global Corporate Defined Opportunity Fund by 2.8% during the third quarter. Shaker Financial Services LLC now owns 33,791 shares of the company’s stock valued at $407,000 after buying an additional 918 shares during the last quarter.

About Western Asset Global Corporate Defined Opportunity Fund

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.