Legg Mason BW Global Income Opportunities Fund Inc. (BWG) to Issue Monthly Dividend of $0.08 on December 1st

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Friday, August 4th, Wall Street Journal reports. Investors of record on Wednesday, November 22nd will be given a dividend of 0.08 per share on Friday, December 1st. This represents a $0.96 dividend on an annualized basis and a yield of 12.18%. The ex-dividend date of this dividend is Tuesday, November 21st.

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

Legg Mason BW Global Income Opportunities Fund Stock Up 0.6 %

Shares of NYSE:BWG opened at $7.88 on Friday. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $6.86 and a fifty-two week high of $8.87. The business has a 50-day moving average of $7.46 and a two-hundred day moving average of $7.82.

Institutional Trading of Legg Mason BW Global Income Opportunities Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG lifted its position in shares of Legg Mason BW Global Income Opportunities Fund by 3.2% in the fourth quarter. UBS Group AG now owns 43,365 shares of the company’s stock worth $353,000 after buying an additional 1,359 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Legg Mason BW Global Income Opportunities Fund by 2.7% in the first quarter. Ameriprise Financial Inc. now owns 98,413 shares of the company’s stock worth $783,000 after purchasing an additional 2,622 shares during the period. Royal Bank of Canada increased its stake in shares of 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’s stock worth $961,000 after purchasing an additional 3,848 shares during the period. Cetera Investment Advisers increased its stake in shares of Legg Mason BW Global Income Opportunities Fund by 25.5% in the fourth quarter. Cetera Investment Advisers now owns 23,893 shares of the company’s stock worth $195,000 after purchasing an additional 4,857 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in shares of Legg Mason BW Global Income Opportunities Fund by 24.0% in the third quarter. Commonwealth Equity Services LLC now owns 26,962 shares of the company’s stock worth $205,000 after purchasing an additional 5,218 shares during the period.

About Legg Mason BW Global Income Opportunities Fund

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.