Western Asset Mortgage Opportunity Fund Inc. (DMO) To Go Ex-Dividend on December 23rd

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) announced a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.13 per share by the investment management company on Tuesday, December 31st. This represents a $1.56 dividend on an annualized basis and a yield of 13.07%. The ex-dividend date of this dividend is Monday, December 23rd.

Western Asset Mortgage Opportunity Fund has increased its dividend payment by an average of 6.2% per year over the last three years.

Western Asset Mortgage Opportunity Fund Trading Down 0.7 %

Shares of Western Asset Mortgage Opportunity Fund stock traded down $0.08 during trading hours on Friday, reaching $11.94. The stock had a trading volume of 73,289 shares, compared to its average volume of 56,228. The stock’s 50 day moving average is $12.08 and its 200 day moving average is $12.06. Western Asset Mortgage Opportunity Fund has a twelve month low of $10.88 and a twelve month high of $12.34.

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.