DMO is Western Asset Mortgage Defined (Financial Services). Trading at $10.08. Current dividend yield: 14.58%.
Dividend snapshot
| Annual dividend rate | $1.47 |
| Current yield | 14.58% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 23, 2026(in 16 days) |
| Most recent payment date | Aug 31, 2026 |
| Last payment amount | $0.1200 |
| 5-year dividend CAGR | -0.03% |
| 3-year dividend CAGR | 7.72% |
| Payout ratio | 173% |
| Market cap | $115M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-11-20 | $0.1200 |
| 2026-10-23 | $0.1200 |
| 2026-09-23 | $0.1200 |
| 2026-08-24 | $0.1200 |
| 2026-07-24 | $0.1200 |
| 2026-06-23 | $0.1200 |
| 2026-05-21 | $0.1200 |
| 2026-04-23 | $0.1200 |
About DMO
Western Asset Mortgage Defined Opportunity Fund Inc is a non-diversified, limited-term, closed-end management investment company. The fund's primary investment objective is to provide current income. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing in a diverse portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities.
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Frequently asked
What is DMO's dividend yield?
DMO (Western Asset Mortgage Defined) currently has a dividend yield of 14.58%, which works out to about $1.47 in annual dividend payments per share.
When is DMO's next ex-dividend date?
DMO's next ex-dividend date is Sep 23, 2026 (in 16 days). To receive the upcoming dividend, you must own shares before this date.
When did DMO last pay a dividend?
DMO's most recent dividend payment date was Aug 31, 2026.
How often does DMO pay dividends?
DMO pays dividends on a monthly schedule.
How fast is DMO growing its dividend?
DMO has been growing its dividend at a 7.72% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track DMO in DiviDrip
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Data refreshed 2026-09-07. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.