Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a dividend on Thursday, January 23rd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.13 per share by the investment management company on Monday, February 3rd. This represents a dividend yield of 13.3%. The ex-dividend date is Friday, January 24th. This is an increase from Western Asset Mortgage Opportunity Fund’s previous dividend of $0.12.
Western Asset Mortgage Opportunity Fund has raised its dividend by an average of 9.4% per year over the last three years.
Western Asset Mortgage Opportunity Fund Stock Down 0.0 %
Shares of DMO opened at $11.74 on Friday. Western Asset Mortgage Opportunity Fund has a one year low of $11.14 and a one year high of $12.34. The business has a fifty day moving average of $11.87 and a 200 day moving average of $12.02.
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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