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

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Monday, February 23rd. Investors of record on Tuesday, March 24th will be given a dividend of 0.08 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 11.5%. The ex-dividend date is Tuesday, March 24th.

Legg Mason BW Global Income Opportunities Fund Trading Down 0.5%

BWG traded down $0.05 during trading on Monday, hitting $8.34. The company had a trading volume of 47,898 shares, compared to its average volume of 104,883. Legg Mason BW Global Income Opportunities Fund has a one year low of $7.46 and a one year high of $8.94. The firm’s 50-day moving average price is $8.50 and its 200 day moving average price is $8.55.

About Legg Mason BW Global Income Opportunities Fund

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.