Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a dividend on Thursday, January 23rd,investing.com reports. Shareholders of record on Monday, January 27th will be paid a dividend of 0.13 per share by the investment management company on Monday, February 3rd. This represents a yield of 13.3%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from Western Asset Mortgage Opportunity Fund’s previous dividend of $0.12.
Western Asset Mortgage Opportunity Fund has increased its dividend by an average of 9.4% annually over the last three years.
Western Asset Mortgage Opportunity Fund Trading Down 0.0 %
NYSE:DMO opened at $11.74 on Friday. Western Asset Mortgage Opportunity Fund has a 52 week low of $11.14 and a 52 week high of $12.34. The company’s 50 day moving average price is $11.87 and its 200-day moving average price is $12.02.
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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