Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Announces Monthly Dividend of $0.09


Legg Mason BW Global Income Opportunities Fund Inc. (NYSE: BWG – Get Rating) declared a monthly dividend on Wednesday, May 18, reports The Wall Street Journal. Shareholders of record on Thursday, June 23 will receive a dividend of 0.09 per share on Friday, July 1. This represents a dividend of $1.08 on an annualized basis and a yield of 12.43%. The ex-date of this dividend is Wednesday, June 22.

Legg Mason BW Global Income Opportunities Fund has increased its dividend by an average of 4.3% per year over the past three years and has increased its dividend every year for the past 3 years.

NYSE BWG traded down $0.05 during Wednesday’s trading, hitting $8.69. 2,023 shares of the company were traded, against an average volume of 59,144. The company has a 50-day moving average price of $9.64 and a 200-day moving average price of $10.87. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $8.61 and a fifty-two week high of $13.09.

A number of hedge funds and other institutional investors have recently changed their holdings in BWG. Cetera Investment Advisers increased its stake in Legg Mason BW Global Income Opportunities Fund by 10.5% in the fourth quarter. Cetera Investment Advisers now owns 18,417 shares of the company valued at $216,000 after purchasing an additional 1,745 shares last quarter. Royal Bank of Canada increased its position in Legg Mason BW Global Income Opportunities Fund by 4.2% in the first quarter. Royal Bank of Canada now owns 95,034 shares of the company valued at $961,000 after acquiring 3,848 additional shares in the last quarter. NewEdge Advisors LLC increased its position in Legg Mason BW Global Income Opportunities Fund by 9.1% in the first quarter. NewEdge Advisors LLC now owns 75,800 shares of the company valued at $767,000 after acquiring an additional 6,300 shares in the last quarter. UBS Group AG increased its position in Legg Mason BW Global Income Opportunities Fund by 5.2% in the third quarter. UBS Group AG now owns 172,693 shares of the company valued at $2,162,000 after acquiring an additional 8,605 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in Legg Mason BW Global Income Opportunities Fund in the fourth quarter, valued at around $139,000.

Company Profile Legg Mason BW Global Income Opportunities Fund (Get a rating)

Legg Mason BW Global Income Opportunities Fund Inc is a closed-end, fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Brandywine Global Investment Management, LLC. It invests in bond markets. The fund uses fundamental analysis to create its portfolio.

Further reading

Dividend history for Legg Mason BW Global Income Opportunities Fund (NYSE:BWG)



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