Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG – Get Rating) announced a monthly dividend on Thursday, February 17th, Wall Street Journal reports. Shareholders of record on Friday, April 22nd will be paid a dividend of 0.09 per share on Monday, May 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 11.05%. The ex-dividend date of this dividend is Thursday, April 21st.
Shares of BWG opened at $9.77 on Tuesday. The stock’s 50-day moving average price is $10.27. Legg Mason BW Global Income Opportunities Fund has a one year low of $9.66 and a one year high of $13.09.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 4th quarter valued at about $814,000. Millennium Management LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 4th quarter valued at about $225,000. Cetera Investment Advisers increased its stake in shares of Legg Mason BW Global Income Opportunities Fund by 10.5% in the 4th quarter. Cetera Investment Advisers now owns 18,417 shares of the company’s stock valued at $216,000 after purchasing an additional 1,745 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at about $139,000. Finally, LPL Financial LLC increased its stake in shares of Legg Mason BW Global Income Opportunities Fund by 18.2% in the 4th quarter. LPL Financial LLC now owns 157,341 shares of the company’s stock valued at $1,842,000 after purchasing an additional 24,222 shares in the last quarter.
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.
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