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Western Asset Mrtg Defined Oppn Fund (NYSE:DMO) announced a special dividend on Monday, August 18th, AmericanBankingNews.com reports. Investors of record on Friday, September 19th will be paid a dividend of 0.034 per share on Friday, September 26th. This represents a dividend yield of 7.85%. The ex-dividend date is Wednesday, September 17th.

Western Asset Mrtg Defined Oppn Fund (NYSE:DMO) traded up 0.04% during mid-day trading on Monday, hitting $24.46. The stock had a trading volume of 9,420 shares. Western Asset Mrtg Defined Oppn Fund has a 52-week low of $21.35 and a 52-week high of $24.71. The stock has a 50-day moving average of $24.42 and a 200-day moving average of $23.68.

Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO) is a non-diversified, limited-term, closed-end management investment company.

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