Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced 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 dividend yield of 12.9%. The ex-dividend date 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 Up 0.5 %
Shares of Western Asset Mortgage Opportunity Fund stock opened at $11.97 on Wednesday. Western Asset Mortgage Opportunity Fund has a 12 month low of $11.16 and a 12 month high of $12.34. The business has a fifty day simple moving average of $11.79 and a 200 day simple moving average of $11.97.
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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