Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Declares $0.13 Monthly Dividend

by · The Cerbat Gem

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Monday, September 23rd will be given a dividend of 0.13 per share by the investment management company on Tuesday, October 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 12.94%. The ex-dividend date of this dividend is Monday, September 23rd.

Western Asset Mortgage Opportunity Fund has increased its dividend by an average of 6.2% annually over the last three years.

Western Asset Mortgage Opportunity Fund Trading Down 0.1 %

NYSE:DMO opened at $12.06 on Friday. The company’s 50 day moving average price is $12.10 and its 200-day moving average price is $11.85. Western Asset Mortgage Opportunity Fund has a 52 week low of $10.00 and a 52 week high of $12.34.

Western Asset Mortgage Opportunity Fund Company Profile

(Get Free Report)

Western Asset Mortgage Opportunity 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 Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States.

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