Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.13 per share by the investment management company on Tuesday, April 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 13.05%. The ex-dividend date is Monday, March 24th.
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 Down 0.3 %
Shares of Western Asset Mortgage Opportunity Fund stock opened at $11.95 on Friday. The firm’s 50-day moving average price is $11.81 and its two-hundred day moving average price is $11.94. Western Asset Mortgage Opportunity Fund has a 1-year low of $11.16 and a 1-year 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.
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