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

by · The Markets Daily

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 13.07%. The ex-dividend date is Monday, December 23rd.

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

Western Asset Mortgage Opportunity Fund Stock Performance

Shares of DMO traded down $0.08 during mid-day trading on Friday, hitting $11.94. 73,289 shares of the company traded hands, compared to its average volume of 56,228. The business has a 50 day moving average of $12.08 and a 200 day moving average of $12.06. Western Asset Mortgage Opportunity Fund has a 1-year low of $10.88 and a 1-year high of $12.34.

About Western Asset Mortgage Opportunity Fund

(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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