Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Declares Monthly Dividend of $0.13

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be paid a dividend of 0.13 per share by the investment management company on Tuesday, December 31st. This represents a $1.56 annualized dividend and a dividend yield of 13.07%. The ex-dividend date of this dividend is Monday, December 23rd.

Western Asset Mortgage Opportunity Fund has raised its dividend payment by an average of 6.2% annually over the last three years.

Western Asset Mortgage Opportunity Fund Stock Down 0.7 %

Western Asset Mortgage Opportunity Fund stock traded down $0.08 during mid-day trading on Friday, reaching $11.94. The company’s stock had a trading volume of 73,289 shares, compared to its average volume of 56,228. Western Asset Mortgage Opportunity Fund has a 12 month low of $10.88 and a 12 month high of $12.34. The business’s 50 day simple moving average is $12.08 and its 200 day simple moving average is $12.06.

About Western Asset Mortgage Opportunity Fund

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.