Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.13 per share by the investment management company on Tuesday, April 1st. This represents 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% annually over the last three years.
Western Asset Mortgage Opportunity Fund Stock Performance
Shares of DMO stock opened at $11.87 on Tuesday. The firm has a fifty day simple moving average of $11.82 and a two-hundred day simple moving average of $11.94. Western Asset Mortgage Opportunity Fund has a 12 month low of $11.16 and a 12 month 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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