Western Asset Mortgage Opportunity Fund Inc. Declares Monthly Dividend of $0.12 (NYSE:DMO)

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) announced a monthly dividend on Thursday, November 20th. Stockholders 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) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Friday, February 20th.

Western Asset Mortgage Opportunity Fund Trading Down 2.0%

DMO stock traded down $0.24 during midday trading on Thursday, reaching $11.76. The stock had a trading volume of 58,650 shares, compared to its average volume of 55,520. Western Asset Mortgage Opportunity Fund has a 52-week low of $10.81 and a 52-week high of $12.32. The company’s fifty day simple moving average is $11.92 and its 200 day simple moving average is $11.87.

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.