Western Asset Mortgage Opportunity Fund Inc. (DMO) to Issue Monthly Dividend of $0.12 on October 30th

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.12 per share by the investment management company on Friday, October 30th. This represents a $1.44 annualized dividend and a dividend yield of 14.9%. The ex-dividend date is Friday, October 23rd.

Western Asset Mortgage Opportunity Fund Price Performance

NYSE:DMO opened at $9.67 on Wednesday. The company’s 50-day moving average price is $9.89 and its 200-day moving average price is $10.48. Western Asset Mortgage Opportunity Fund has a twelve month low of $9.29 and a twelve month high of $12.08.

Western Asset Mortgage Opportunity Fund Company Profile

(Get Free Report)

Western Asset Mortgage Opportunity Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol DMO. The fund is managed by Western Asset Management Company, an investment management firm specializing in fixed-income strategies and part of Franklin Templeton.

The fund seeks to provide current income and total return by investing primarily in mortgage-related securities and other debt instruments. Its portfolio may include residential and commercial mortgage-backed securities, mortgage loans, and securities issued or guaranteed by U.S.

See Also

Dividend History for Western Asset Mortgage Opportunity Fund (NYSE:DMO)

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