Western Asset Mortgage Opportunity Fund Inc. (DMO) to Issue Monthly Dividend of $0.12 on February 27th

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.12 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 12.7%. The ex-dividend date is Friday, February 20th.

Western Asset Mortgage Opportunity Fund Stock Up 0.4%

DMO opened at $11.31 on Wednesday. Western Asset Mortgage Opportunity Fund has a 1 year low of $10.81 and a 1 year high of $12.15. The firm’s fifty day moving average price is $11.11 and its two-hundred day moving average price is $11.59.

About Western Asset Mortgage Opportunity Fund

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.