Western Asset Mortgage Opportunity Fund Inc. (DMO) To Go Ex-Dividend on February 21st

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a — dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders 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 yield of 12.9%. The ex-dividend date of this dividend is Friday, February 21st.

Western Asset Mortgage Opportunity Fund has raised its dividend by an average of 7.5% per year over the last three years.

Western Asset Mortgage Opportunity Fund Trading Up 0.5 %

Shares of NYSE:DMO opened at $11.97 on Wednesday. The stock has a fifty day simple moving average of $11.79 and a two-hundred day simple moving average of $11.97. Western Asset Mortgage Opportunity Fund has a 12-month low of $11.16 and a 12-month high of $12.34.

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.