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

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMOGet Free Report) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, May 21st will be given a dividend of 0.12 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 12.8%. The ex-dividend date is Thursday, May 21st.

Western Asset Mortgage Opportunity Fund Price Performance

NYSE DMO opened at $11.23 on Tuesday. Western Asset Mortgage Opportunity Fund has a fifty-two week low of $10.81 and a fifty-two week high of $12.15. The business has a fifty day moving average of $11.12 and a 200-day moving average of $11.58.

Western Asset Mortgage Opportunity Fund Company Profile

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Western Asset Mortgage Opportunity Fund, Inc (NYSE: DMO) is a closed‐end management investment company that seeks to provide a high level of current income, with capital preservation as a secondary objective. The fund pursues these goals by allocating its assets among a diversified portfolio of mortgage‐related securities.

The fund’s core investments include agency and non‐agency residential mortgage‐backed securities (MBS), commercial mortgage‐backed securities (CMBS) and asset‐backed securities (ABS) secured by pools of auto loans, credit card receivables, home equity loans and other consumer debt obligations.

See Also

Dividend History for Western Asset Mortgage Opportunity Fund (NYSE:DMO)

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