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

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) announced a monthly dividend on Wednesday, August 5th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.12 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date is Wednesday, September 23rd.

Western Asset Mortgage Opportunity Fund Stock Down 0.5%

Shares of DMO stock opened at $10.36 on Thursday. The stock has a 50-day simple moving average of $10.64 and a 200 day simple moving average of $10.89. Western Asset Mortgage Opportunity Fund has a fifty-two week low of $10.31 and a fifty-two 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.