Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a — dividend on Wednesday, November 20th,Wall Street Journal reports. Stockholders 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 dividend yield of 12.9%. The ex-dividend date of this dividend is Friday, February 21st.
Western Asset Mortgage Opportunity Fund has raised its dividend payment by an average of 6.2% annually over the last three years.
Western Asset Mortgage Opportunity Fund Stock Performance
NYSE:DMO opened at $12.09 on Thursday. Western Asset Mortgage Opportunity Fund has a 12-month low of $10.53 and a 12-month high of $12.34. The stock’s 50 day moving average price is $12.08 and its two-hundred day moving average price is $12.01.
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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