Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Investors 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 of this dividend is Friday, February 21st.
Western Asset Mortgage Opportunity Fund has raised its dividend by an average of 7.5% annually over the last three years.
Western Asset Mortgage Opportunity Fund Stock Performance
DMO stock opened at $11.97 on Wednesday. The business has a 50 day moving average price of $11.79 and a two-hundred day moving average price of $11.97. Western Asset Mortgage Opportunity Fund has a twelve month low of $11.16 and a twelve 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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