Western Asset Mortgage Opportunity Fund Inc. (DMO) To Go Ex-Dividend on March 24th

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Investors 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 annualized dividend and a yield of 13.05%. The ex-dividend date is Monday, March 24th.

Western Asset Mortgage Opportunity Fund has increased its dividend by an average of 7.5% per year over the last three years.

Western Asset Mortgage Opportunity Fund Stock Performance

DMO opened at $11.95 on Friday. The stock’s 50 day simple moving average is $11.81 and its 200-day simple moving average 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.