Western Asset Mrtg Defined Oppn Fund Inc (DMO) to Issue Monthly Dividend of $0.18 on March 1st

Posted by Max Byerly on Feb 9th, 2019 // No Comments

Western Asset Mrtg Defined Oppn Fund Inc (NYSE:DMO) announced a monthly dividend on Tuesday, November 13th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.175 per share by the investment management company on Friday, March 1st. This represents a $2.10 annualized dividend and a dividend yield of 9.89%. The ex-dividend date is Thursday, February 14th.

Western Asset Mrtg Defined Oppn Fund has decreased its dividend by an average of 10.1% per year over the last three years.

DMO opened at $21.23 on Friday. Western Asset Mrtg Defined Oppn Fund has a twelve month low of $20.21 and a twelve month high of $26.25.

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Western Asset Mrtg Defined Oppn Fund Company Profile

Western Asset Mortgage Defined 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.

Dividend History for Western Asset Mrtg Defined Oppn Fund (NYSE:DMO)

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