Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a dividend on Monday, March 24th, investing.com reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.13 per share by the investment management company on Tuesday, April 1st. This represents a yield of 13.05%. The ex-dividend date of this dividend is Monday, March 24th.
Western Asset Mortgage Opportunity Fund has raised its dividend payment by an average of 7.5% per year over the last three years.
Western Asset Mortgage Opportunity Fund Price Performance
DMO stock traded down $0.09 during midday trading on Monday, reaching $11.87. The company had a trading volume of 60,328 shares, compared to its average volume of 59,107. The firm has a 50-day moving average price of $11.81 and a 200-day moving average price of $11.94. Western Asset Mortgage Opportunity Fund has a 1 year low of $11.16 and a 1 year 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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