Western Asset Mortgage Opportunity Fund Inc. (DMO) to Distribute Monthly Dividend of $0.12 on October 30th

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be paid a dividend of 0.12 per share by the investment management company on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date is Friday, October 23rd.

Western Asset Mortgage Opportunity Fund Price Performance

Shares of DMO stock opened at $10.39 on Friday. Western Asset Mortgage Opportunity Fund has a 12-month low of $10.31 and a 12-month high of $12.11. The business has a 50 day simple moving average of $10.63 and a 200 day simple moving average of $10.89.

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.