Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on February 21st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a — dividend on Wednesday, November 20th,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. This is a positive change from Western Asset Global Corporate Defined Opportunity Fund’s previous — dividend of $0.10.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of NYSE:GDO opened at $11.46 on Wednesday. Western Asset Global Corporate Defined Opportunity Fund has a 52-week low of $10.92 and a 52-week high of $13.01. The stock’s fifty day simple moving average is $11.29 and its 200-day simple moving average is $11.98.

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.