Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid 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 12.93%. The ex-dividend date is Monday, September 23rd.
Western Asset Mortgage Opportunity Fund has raised its dividend by an average of 6.2% annually over the last three years.
Western Asset Mortgage Opportunity Fund Stock Performance
DMO opened at $12.07 on Friday. Western Asset Mortgage Opportunity Fund has a 1 year low of $10.00 and a 1 year high of $12.34. The stock’s 50 day simple moving average is $12.10 and its 200-day simple moving average is $11.85.
Western Asset Mortgage Opportunity Fund Company Profile
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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