Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $11.30 and traded as high as $11.50. Western Asset Global Corporate Defined Opportunity Fund shares last traded at $11.47, with a volume of 54,051 shares trading hands.
Western Asset Global Corporate Defined Opportunity Fund Price Performance
The company has a 50-day moving average price of $11.29 and a 200-day moving average price of $11.99.
Western Asset Global Corporate Defined Opportunity Fund Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Monday, January 27th were given a $0.122 dividend. This is an increase from Western Asset Global Corporate Defined Opportunity Fund’s previous dividend of $0.10. This represents a dividend yield of 12.93%. The ex-dividend date of this dividend was Friday, January 24th.
Institutional Investors Weigh In On Western Asset Global Corporate Defined Opportunity Fund
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.
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