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

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 24th will be paid a dividend of 0.12 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date is Monday, August 24th.

Western Asset Mortgage Opportunity Fund Stock Down 0.5%

Shares of DMO opened at $11.14 on Friday. The stock has a 50 day moving average price of $10.94 and a 200 day moving average price of $11.22. Western Asset Mortgage Opportunity Fund has a 52-week low of $10.42 and a 52-week high of $12.11.

Western Asset Mortgage Opportunity Fund Company Profile

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.