Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be given 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 dividend yield of 13.05%. The ex-dividend date is Monday, March 24th.
Western Asset Mortgage Opportunity Fund has increased its dividend by an average of 7.5% per year over the last three years.
Western Asset Mortgage Opportunity Fund Price Performance
NYSE:DMO opened at $11.95 on Friday. The firm has a 50 day simple moving average of $11.81 and a 200-day simple moving average of $11.94. Western Asset Mortgage Opportunity Fund has a 1-year low of $11.16 and a 1-year high of $12.34.
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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