Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.13 per share by the investment management company on Tuesday, December 31st. This represents a $1.56 annualized dividend and a yield of 13.07%. The ex-dividend date is Monday, December 23rd.
Western Asset Mortgage Opportunity Fund has raised its dividend payment by an average of 6.2% annually over the last three years.
Western Asset Mortgage Opportunity Fund Stock Down 0.7 %
NYSE:DMO opened at $11.94 on Friday. Western Asset Mortgage Opportunity Fund has a 52 week low of $10.88 and a 52 week high of $12.34. The firm’s fifty day moving average is $12.08 and its 200-day moving average is $12.06.
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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