Western Asset Mortgage Opportunity Fund Inc. (DMO) to Issue Monthly Dividend of $0.12 on July 31st

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) announced a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.12 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date is Friday, July 24th.

Western Asset Mortgage Opportunity Fund Stock Performance

DMO opened at $11.14 on Friday. Western Asset Mortgage Opportunity Fund has a 12 month low of $10.42 and a 12 month high of $12.11. The company has a fifty day simple moving average of $10.94 and a 200 day simple moving average of $11.22.

About Western Asset Mortgage Opportunity Fund

Western Asset Mortgage Opportunity Fund, Inc (NYSE: DMO) is a closed‐end management investment company that seeks to provide a high level of current income, with capital preservation as a secondary objective. The fund pursues these goals by allocating its assets among a diversified portfolio of mortgage‐related securities.

The fund’s core investments include agency and non‐agency residential mortgage‐backed securities (MBS), commercial mortgage‐backed securities (CMBS) and asset‐backed securities (ABS) secured by pools of auto loans, credit card receivables, home equity loans and other consumer debt obligations.