Western Asset Mortgage Opportunity Fund Dividend
Dividend criteria checks 2/6
Western Asset Mortgage Opportunity Fund is a dividend paying company with a current yield of 11.63%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
11.6%
Dividend yield
106%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 22 May 24 |
Dividend per share | n/a |
Earnings per share | US$1.21 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
DMO: 12% Yielding GSE Risk Transfer Mortgage Fund (Rating Upgrade)
Feb 21DMO: Another Distribution Hike For This 13.4% Yielding CEF, Though Likely Its Last
Dec 05DMO: Recent Hike Pushes The Yield On This Mortgage CEF Above 11.5%
Aug 03DMO: Discount Narrowing Drives Results
Jul 20Western Asset Mortgage Opportunity Fund goes ex-dividend
Dec 20Western Asset Mortgage Opportunity Fund goes ex dividend tomorrow
Sep 21DMO And WDI: A Look At Two 10%-Yielding Credit CEFs
Aug 10DMO: A 10%-Yielding Mortgage CEF With Strong Income Tailwinds
Jul 20Western Asset Mortgage Defined Opportunity Fund declares $0.1125 dividend
Nov 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DMO's dividend payments have been volatile in the past 10 years.
Growing Dividend: DMO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Western Asset Mortgage Opportunity Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DMO) | 11.6% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (DMO) | n/a |
Notable Dividend: DMO's dividend (11.63%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: DMO's dividend (11.63%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (105.6%), DMO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (165%), DMO's dividend payments are not well covered by cash flows.