Western Asset Mrtg Defined Oppn Fund Inc (NYSE:DMO) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Friday, July 19th will be given a dividend of 0.16 per share by the investment management company on Thursday, August 1st. This represents a $1.92 annualized dividend and a yield of 9.09%. The ex-dividend date of this dividend is Thursday, July 18th.
Western Asset Mrtg Defined Oppn Fund has decreased its dividend by an average of 10.1% annually over the last three years.
NYSE:DMO opened at $21.12 on Thursday. Western Asset Mrtg Defined Oppn Fund has a 12 month low of $20.21 and a 12 month high of $24.57.
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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.
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