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

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of 0.122 per share on Monday, June 2nd. This represents a $1.46 dividend on an annualized basis and a yield of 12.90%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Global Corporate Defined Opportunity Fund Trading Down 1.3 %

Shares of GDO stock opened at $11.35 on Friday. Western Asset Global Corporate Defined Opportunity Fund has a fifty-two week low of $10.92 and a fifty-two week high of $13.01. The stock has a 50 day simple moving average of $11.28 and a two-hundred day simple moving average of $11.96.

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.