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

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Wednesday, February 21st, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.08 per share on Wednesday, May 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 12.00%. The ex-dividend date of this dividend is Monday, April 22nd.

Legg Mason BW Global Income Opportunities Fund has increased its dividend by an average of 4.9% per year over the last three years.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $8.00 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 $8.65. The business has a 50-day moving average price of $8.36 and a 200 day moving average price of $8.06.

Institutional Trading of Legg Mason BW Global Income Opportunities Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG increased its holdings in 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 valued at $353,000 after buying an additional 1,359 shares during the last quarter. Susquehanna International Group LLP bought a new stake in Legg Mason BW Global Income Opportunities Fund in the fourth quarter valued at about $258,000. Commonwealth Equity Services LLC increased its holdings in 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 valued at $205,000 after buying an additional 5,218 shares during the last quarter. Cetera Investment Advisers increased its holdings in 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 valued at $195,000 after buying an additional 4,857 shares during the last quarter. Finally, Quantedge Capital Pte Ltd bought a new stake in Legg Mason BW Global Income Opportunities Fund in the first quarter valued at about $176,000.

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.