Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.12 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date is Tuesday, June 23rd.
Western Asset Mortgage Opportunity Fund Price Performance
Western Asset Mortgage Opportunity Fund stock opened at $11.17 on Friday. Western Asset Mortgage Opportunity Fund has a 52 week low of $10.42 and a 52 week high of $12.11. The stock has a fifty day moving average of $10.95 and a 200-day moving average of $11.22.
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.
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