Legg Mason BW Global Income Opportunities Fund Inc. (BWG) to Issue Monthly Dividend of $0.08 on March 31st

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Monday, February 23rd. Investors of record on Tuesday, March 24th will be given a dividend of 0.08 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date is Tuesday, March 24th.

Legg Mason BW Global Income Opportunities Fund Trading Down 0.8%

Shares of BWG stock opened at $7.72 on Friday. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.94. The stock has a 50 day moving average price of $8.33 and a two-hundred day moving average price of $8.47.

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.