Legg Mason BW Global Income Opportunities Fund Inc. (BWG) To Go Ex-Dividend on August 22nd

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Friday, May 16th, Wall Street Journal reports. Stockholders of record on Friday, August 22nd will be paid a dividend of 0.08 per share on Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.74%. The ex-dividend date of this dividend is Friday, August 22nd.

Legg Mason BW Global Income Opportunities Fund has raised its dividend payment by an average of 5.9% per year over the last three years.

Legg Mason BW Global Income Opportunities Fund Stock Performance

BWG opened at $8.18 on Friday. Legg Mason BW Global Income Opportunities Fund has a 12 month low of $7.46 and a 12 month high of $8.95. The company has a fifty day simple moving average of $8.09 and a 200 day simple moving average of $8.25.

Institutional Investors Weigh In On Legg Mason BW Global Income Opportunities Fund

An institutional investor recently raised its position in Legg Mason BW Global Income Opportunities Fund stock. Royal Bank of Canada increased its holdings in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 7.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 87,667 shares of the company’s stock after purchasing an additional 5,728 shares during the quarter. Royal Bank of Canada’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $732,000 as of its most recent filing with the SEC.

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.