Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Declares $0.12 Monthly Dividend

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 0.12 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 12.2%. The ex-dividend date is Tuesday, December 23rd.

Western Asset Mortgage Opportunity Fund Price Performance

DMO traded down $0.24 during mid-day trading on Thursday, reaching $11.76. 58,650 shares of the stock were exchanged, compared to its average volume of 55,520. The company has a 50 day moving average price of $11.92 and a two-hundred day moving average price of $11.87. Western Asset Mortgage Opportunity Fund has a 1 year low of $10.81 and a 1 year high of $12.32.

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.