Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Announces $0.08 Monthly Dividend

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Monday, May 19th, 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 annualized dividend and a dividend yield of 11.78%. 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% annually over the last three years.

Legg Mason BW Global Income Opportunities Fund Price Performance

NYSE:BWG opened at $8.15 on Tuesday. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.95. The company has a 50 day simple moving average of $8.09 and a two-hundred day simple moving average of $8.24.

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

A hedge fund recently raised its stake in Legg Mason BW Global Income Opportunities Fund stock. Royal Bank of Canada grew its holdings in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 7.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 87,667 shares of the company’s stock after buying an additional 5,728 shares during the period. 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.