Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on January 23rd

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.122 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date of this dividend is Friday, January 23rd.

Western Asset Global Corporate Defined Opportunity Fund Stock Down 0.6%

Shares of NYSE:GDO opened at $11.56 on Wednesday. The company has a 50 day moving average of $11.69 and a 200 day moving average of $11.79. Western Asset Global Corporate Defined Opportunity Fund has a 12 month low of $10.29 and a 12 month high of $12.15.

Western Asset Global Corporate Defined Opportunity Fund Company Profile

The Western Asset Global Corporate Defined Opportunity Fund (NYSE:GDO) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues a broadly diversified portfolio of corporate debt instruments, investing across investment-grade and below investment-grade securities issued by corporations worldwide. Through an actively managed strategy, GDO aims to capture opportunities arising from market dislocations, credit spreads and interest rate movements.

GDO’s investment approach is built around a global credit platform, allowing the fund to allocate capital across various sectors, regions and credit-quality levels.