SmarterDividends
BWG

Legg Mason BW Global Income Opportunities Fund Inc.

BWG

Financial Services · Stock · monthly payer

Forward Yield

12.12%

Annual Dividend

$0.96

Payout Ratio

104%

5-Yr Growth

2.7%

Ex-Date

Jun 23, 2026

Frequency

Monthly

BWG Dividend Safety Score

47/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage104% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is BWG a good dividend stock?

Mixed

Legg Mason BW Global Income Opportunities Fund Inc. (BWG) pays a monthly dividend yielding 12.12% ($0.96/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (104%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    12.12%
    Payout Ratio
    104%
    Annual Dividend
    $0.96
    5-Yr Avg Growth
    2.7%
    Ex-Dividend Date
    Jun 23, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    Market Cap
    $133.0M
    P/E Ratio
    8.6
    5-Yr Total Return
    -37%
    52-Week Range
    $7.46 – $8.94
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2023)
    BWG ex-dividend date & scheduleNext ex-date Jun 23, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.96 / yr per share

    Per payment (monthly)$8.00
    Annual$96.00
    Monthly avg$8.00