Western Asset Mortgage Opportunity Fund Inc. (DMO) To Go Ex-Dividend on March 24th

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.13 per share by the investment management company on Tuesday, April 1st. This represents a $1.56 annualized dividend and a yield of 13.05%. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset Mortgage Opportunity Fund has increased its dividend payment by an average of 7.5% annually over the last three years.

Western Asset Mortgage Opportunity Fund Trading Down 0.3 %

Shares of DMO opened at $11.95 on Friday. Western Asset Mortgage Opportunity Fund has a 52 week low of $11.16 and a 52 week high of $12.34. The stock has a fifty day moving average of $11.81 and a 200-day moving average of $11.94.

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.