Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Raises Dividend to $0.08 Per Share

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a dividend on Wednesday, August 2nd, NASDAQ reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 0.08 per share on Monday, October 2nd. The ex-dividend date is Thursday, September 21st. This is an increase from Legg Mason BW Global Income Opportunities Fund’s previous dividend of $0.08.

Legg Mason BW Global Income Opportunities Fund has increased its dividend by an average of 2.9% per year over the last three years.

Legg Mason BW Global Income Opportunities Fund Stock Up 1.0 %

NYSE BWG opened at $8.04 on Tuesday. The stock has a 50-day moving average of $8.14 and a two-hundred day moving average of $7.98. Legg Mason BW Global Income Opportunities Fund has a 1-year low of $7.43 and a 1-year high of $8.87.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its position in Legg Mason BW Global Income Opportunities Fund by 17.7% in the 1st quarter. Bank of America Corp DE now owns 391,021 shares of the company’s stock valued at $3,957,000 after buying an additional 58,894 shares during the period. LPL Financial LLC grew its stake in Legg Mason BW Global Income Opportunities Fund by 19.1% during the 1st quarter. LPL Financial LLC now owns 210,866 shares of the company’s stock worth $1,678,000 after purchasing an additional 33,835 shares in the last quarter. Guggenheim Capital LLC increased its holdings in Legg Mason BW Global Income Opportunities Fund by 104.7% during the 1st quarter. Guggenheim Capital LLC now owns 64,987 shares of the company’s stock worth $658,000 after purchasing an additional 33,246 shares during the period. Susquehanna International Group LLP acquired a new stake in Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at about $258,000. Finally, HighTower Advisors LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at about $168,000.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities 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 Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio.