Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a monthly dividend on Friday, August 9th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be given a dividend of 0.13 per share by the investment management company on Monday, December 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 13.00%. The ex-dividend date is Thursday, November 21st.
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 0.4 %
NYSE:DMO opened at $12.00 on Wednesday. Western Asset Mortgage Opportunity Fund has a 12 month low of $10.53 and a 12 month high of $12.34. The firm has a fifty day simple moving average of $12.08 and a 200-day simple moving average of $12.01.
About Western Asset Mortgage Opportunity Fund
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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