Legg Mason BW Global Income Opportunities Fund Inc. (BWG) to Issue Monthly Dividend of $0.09 on November 1st

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG – Get Rating) declared a monthly dividend on Thursday, August 4th, Wall Street Journal reports. Investors of record on Monday, October 24th will be given a dividend of 0.09 per share on Tuesday, November 1st. This represents a $1.08 dividend on an annualized basis and a yield of 11.87%. The ex-dividend date is Friday, October 21st.

Legg Mason BW Global Income Opportunities Fund has raised its dividend by an average of 4.3% per year over the last three years and has raised its dividend annually for the last 3 consecutive years.

Legg Mason BW Global Income Opportunities Fund Price Performance

BWG stock opened at $9.10 on Friday. Legg Mason BW Global Income Opportunities Fund has a 12 month low of $8.15 and a 12 month high of $13.09. The company’s 50-day moving average price is $8.71 and its two-hundred day moving average price is $9.62.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in shares of 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 worth $3,957,000 after purchasing an additional 58,894 shares during the period. Chicago Partners Investment Group LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 1st quarter valued at $132,000. Royal Bank of Canada lifted its position in shares of Legg Mason BW Global Income Opportunities Fund by 4.2% during the 1st quarter. Royal Bank of Canada now owns 95,034 shares of the company’s stock valued at $961,000 after acquiring an additional 3,848 shares during the period. Guggenheim Capital LLC lifted its position in shares of 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 valued at $658,000 after acquiring an additional 33,246 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 1st quarter valued at $172,000.

About Legg Mason BW Global Income Opportunities Fund

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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.