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

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a dividend on Wednesday, August 2nd, NASDAQ reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.08 per share on Monday, October 2nd. The ex-dividend date is Thursday, September 21st. This is a boost from Legg Mason BW Global Income Opportunities Fund’s previous dividend of $0.08.

Legg Mason BW Global Income Opportunities Fund has increased its dividend payment by an average of 2.9% per year over the last three years.

Legg Mason BW Global Income Opportunities Fund Stock Performance

BWG stock opened at $8.04 on Tuesday. The company has a fifty day moving average of $8.14 and a 200-day moving average of $7.98. Legg Mason BW Global Income Opportunities Fund has a one year low of $7.43 and a one year high of $8.87.

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

A number of hedge funds have recently added to or reduced their stakes in BWG. Bank of America Corp DE raised its stake in shares of Legg Mason BW Global Income Opportunities Fund by 9.5% during the 1st quarter. Bank of America Corp DE now owns 477,508 shares of the company’s stock worth $3,801,000 after buying an additional 41,449 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Legg Mason BW Global Income Opportunities Fund by 1.7% during the second quarter. Wells Fargo & Company MN now owns 328,163 shares of the company’s stock worth $2,638,000 after acquiring an additional 5,395 shares during the period. LPL Financial LLC raised its position in Legg Mason BW Global Income Opportunities Fund by 19.1% in the first quarter. LPL Financial LLC now owns 210,866 shares of the company’s stock worth $1,678,000 after acquiring an additional 33,835 shares in the last quarter. Stephens Inc. AR raised its position in Legg Mason BW Global Income Opportunities Fund by 3.8% in the second quarter. Stephens Inc. AR now owns 158,579 shares of the company’s stock worth $1,275,000 after acquiring an additional 5,737 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in Legg Mason BW Global Income Opportunities Fund by 5.5% in the third quarter. Royal Bank of Canada now owns 113,969 shares of the company’s stock valued at $869,000 after acquiring an additional 5,952 shares during the period.

Legg Mason BW Global Income Opportunities Fund Company Profile

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.