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

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) announced a monthly dividend on Thursday, May 14th. Shareholders 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 dividend yield of 13.9%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Mortgage Opportunity Fund Trading Down 0.9%

NYSE DMO opened at $10.38 on Friday. The business’s fifty day simple moving average is $10.57 and its 200-day simple moving average is $10.85. Western Asset Mortgage Opportunity Fund has a 52 week low of $10.31 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.