Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a — dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.13 per share by the investment management company on Monday, March 3rd. This represents a yield of 12.9%. The ex-dividend date is Friday, February 21st.
Western Asset Mortgage Opportunity Fund has raised its dividend by an average of 6.2% annually over the last three years.
Western Asset Mortgage Opportunity Fund Stock Performance
Shares of DMO stock opened at $12.09 on Thursday. Western Asset Mortgage Opportunity Fund has a 12 month low of $10.53 and a 12 month high of $12.34. The firm’s 50 day moving average is $12.08 and its 200 day moving average is $12.01.
About Western Asset Mortgage Opportunity Fund
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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