Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Announces $0.08 Monthly Dividend

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.08 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date of this dividend is Friday, July 24th.

Legg Mason BW Global Income Opportunities Fund Stock Performance

NYSE:BWG traded up $0.01 on Thursday, hitting $7.98. 28,830 shares of the stock were exchanged, compared to its average volume of 96,988. Legg Mason BW Global Income Opportunities Fund has a 52 week low of $7.46 and a 52 week high of $8.94. The company’s 50-day moving average price is $7.93 and its 200 day moving average price is $8.27.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.