Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared 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 is Friday, February 21st.
Western Asset Mortgage Opportunity Fund has raised its dividend by an average of 6.2% per year over the last three years.
Western Asset Mortgage Opportunity Fund Trading Up 0.8 %
Shares of NYSE:DMO traded up $0.10 during trading hours on Wednesday, reaching $12.10. The stock had a trading volume of 81,724 shares, compared to its average volume of 56,081. Western Asset Mortgage Opportunity Fund has a 1 year low of $10.53 and a 1 year high of $12.34. The firm’s 50 day moving average is $12.08 and its 200-day moving average 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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