Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a monthly dividend on Wednesday, May 22nd, Zacks reports. Shareholders of record on Friday, June 21st will be paid a dividend of 0.13 per share by the investment management company on Monday, July 1st. This represents a $1.56 annualized dividend and a yield of 12.94%. The ex-dividend date of this dividend is Friday, June 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 0.1 %
Shares of NYSE DMO opened at $12.06 on Wednesday. Western Asset Mortgage Opportunity Fund has a 1 year low of $10.00 and a 1 year high of $12.07. The company’s 50-day moving average is $11.62 and its 200 day moving average is $11.42.
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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