GDO (Western Asset Global Defined Opp) Dividend Yield %: 14.27% (As of Aug. 02, 2026) — 67% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GDO Western Asset Global Corp Defined Opp GDO
51 GF Score
Price $10.26
GF Value $10.90
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Western Asset Global Defined Opp Dividend Yield %?

Western Asset Global Defined Opp GDO +0.10% 51 Dividend Yield % is 14.27% as of Aug. 02, 2026, which is 67% above its 10-year median of 8.54. GuruFocus rates GDO with a GF Scoreâ„¢ of 51/100 and a GF Valueâ„¢ of $10.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,113 Asset Management companies, Western Asset Global Defined Opp ranks better than 93.44% on this metric.

As of today (2026-08-02), the Trailing Annual Dividend Yield of Western Asset Global Defined Opp is 14.27%.

Good Sign:

Western Asset Global Corp Defined Opp stock Dividend Yield % is close to 10-year high.

The historical rank and industry rank for Western Asset Global Defined Opp's Dividend Yield % or its related term are showing as below:

GDO' s Dividend Yield % Range Over the Past 10 Years
Min: 6.49   Med: 8.54   Max: 14.3
Current: 14.27

During the past 9 years, the highest Dividend Yield of Western Asset Global Defined Opp was 14.30%. The lowest was 6.49%. And the median was 8.54%.

GDO's Dividend Yield % is ranked better than
93.44% of 1113 companies
in the Asset Management industry
Industry Median: 5.93 vs GDO: 14.27

Western Asset Global Defined Opp's Dividend Payout Ratio for the six months ended in Apr. 2026 was 2.93.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Global Corp Defined Opp is 1.21, which seems too high.

During the past 9 years, the highest Dividend Payout Ratio of Western Asset Global Defined Opp was 2.43. The lowest was 0.54. And the median was 0.89.

As of today (2026-08-02), the Forward Dividend Yield % of Western Asset Global Defined Opp is 14.27%.

Western Asset Global Defined Opp's Dividends per Share for the six months ended in Apr. 2026 was $0.73.

During the past 12 months, Western Asset Global Defined Opp's average Dividends Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Global Defined Opp was 6.50% per year. The lowest was -3.80% per year. And the median was 0.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Western Asset Global Defined Opp  (NYSE:GDO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Western Asset Global Defined Opp Dividend Yield % Related Terms

Western Asset Global Defined Opp Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Western Asset Global Defined Opp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Asset Global Defined Opp Dividend Yield % Chart

Western Asset Global Defined Opp Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 6.67 10.36 10.69 11.13 12.57

Western Asset Global Defined Opp Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.27 11.13 12.60 12.57 13.21

GDO vs SAMG, PNI, HNNA: Dividend Yield % Comparison

For the Asset Management subindustry, Western Asset Global Defined Opp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Asset Global Defined Opp Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Global Defined Opp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset Global Defined Opp's Dividend Yield % falls into.


GDO
51GF Score
Western Asset Global Corp Defined Opp GDO
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Asset Global Defined Opp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Western Asset Global Defined Opp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1220002026-07-242026-07-242026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002026-06-232026-06-232026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002026-05-212026-05-212026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002026-04-232026-04-232026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002026-03-242026-03-242026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002026-02-202026-02-202026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002026-01-232026-01-232026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002025-12-232025-12-232025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002025-11-202025-11-202025-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002025-10-242025-10-242025-11-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002025-09-232025-09-232025-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1220002025-08-222025-08-222025-09-02Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Asset Global Defined Opp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.464/10.26
=14.27 %

Current Share Price is $10.26.
Western Asset Global Defined Opp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.464.

Western Asset Global Defined Opp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.464/10.26
=14.27 %

Current Share Price is $10.26.
Western Asset Global Defined Opp's Dividends per Share for the forward twelve months is calculated as $0.122 * 12 = $1.464.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 14.27% mean?
Western Asset Global Defined Opp (GDO) has a Dividend Yield % of 14.27% as of Aug. 02, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Western Asset Global Defined Opp and its competitors. This is 67% above median its historical median of 8.54. Over the past decade, Western Asset Global Defined Opp's Dividend Yield % has ranged from 6.49 to 14.30. According to the industry distribution chart, Western Asset Global Defined Opp ranks #73 out of 1113 companies in the Asset Management industry, placing it in the top 6.6%.
Is Western Asset Global Defined Opp's Dividend Yield % too high?
Western Asset Global Defined Opp's current Dividend Yield % of 14.27% is 67% above median its 10-year median of 8.54. Over the past 10 years, this metric has ranged from a low of 6.49 to a high of 14.30. The Asset Management industry median Dividend Yield % is 5.93. Western Asset Global Defined Opp's value of 14.27% is 140.6% above this industry median. Based on the distribution chart, Western Asset Global Defined Opp ranks #73 out of 1113 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Western Asset Global Defined Opp has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Global Defined Opp's Dividend Yield % compare to SAMG and PNI?
According to the Asset Management industry distribution chart, Western Asset Global Defined Opp ranks #73 out of 1113 companies for Dividend Yield %. This places Western Asset Global Defined Opp in the top 7% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 5.93. Western Asset Global Defined Opp's value of 14.27% is 140.6% above this benchmark. Historically, Western Asset Global Defined Opp's own Dividend Yield % has ranged from 6.49 to 14.30 over the past decade. While the company's 10-year median is 8.54 vs. the industry median of 5.93, Western Asset Global Defined Opp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.93, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Global Defined Opp's current Dividend Yield % of 14.27% is 140.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Western Asset Global Defined Opp and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Global Defined Opp's current Dividend Yield % is 14.27%, which is 67% above median its own 10-year median of 8.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Global Defined Opp stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Global Defined Opp (GDO) is currently considered Fairly Valued. The stock's GF Value™ is $10.90, compared to a current price of $10.26 — trading 5.9% below its estimated fair value. The current Dividend Yield % is 14.27%, which is 67% above median its 10-year median of 8.54 and 140.6% above the Asset Management industry median of 5.93. Western Asset Global Defined Opp's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Western Asset Global Defined Opp (GDO), the current Dividend Yield % is 14.27% as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Global Defined Opp (GDO) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Global Defined Opp stock appears to be undervalued. The current stock price of $10.26 is trading 5.9% below its estimated GF Value™ of $10.90. GuruFocus considers Western Asset Global Defined Opp to be Fairly Valued.

Key valuation signals for GDO:

  • Dividend Yield %: 14.27% (67% above median its 10-year median of 8.54)
  • GF Value™: $10.90 vs. price of $10.26 (5.9% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 140.6% above the Asset Management median (#73 of 1113)

No single metric tells the full story. See the GDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Western Asset Global Defined Opp Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Global Corp Defined Opp is a closed-end management investment company with a primary investment objective to provide current income. Its secondary objective is to seek capital appreciation. The Fund invests in the United States and foreign corporate fixed-income securities of varying maturities.
51GF Score

Get the complete analysis for GDO

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.26
Price
$10.90
GF Value