DMO (Western Asset Mortgage Defined Opportunity Fund) Forward Dividend Yield %: 13.78% (As of Jul. 25, 2026)

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DMO Western Asset Mortgage Defined Opportunity Fund Inc DMO
54 GF Score
Price $10.45
GF Value $10.53
Valuation Fairly Valued
! 5 Warning Signs
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What is Western Asset Mortgage Defined Opportunity Fund Forward Dividend Yield %?

Western Asset Mortgage Defined Opportunity Fund DMO -1.14% 54 Forward Dividend Yield % is 13.78% as of Jul. 25, 2026. GuruFocus rates DMO with a GF Score™ of 54/100 and a GF Value™ of $10.53 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,113 Asset Management companies, Western Asset Mortgage Defined Opportunity Fund ranks better than 92% on this metric.

As of today (2026-07-25), the Forward Annual Dividend Yield of Western Asset Mortgage Defined Opportunity Fund is 13.78%.

As of today (2026-07-25), the Trailing Annual Dividend Yield of Western Asset Mortgage Defined Opportunity Fund is 14.16%.

DMO's Forward Dividend Yield % is ranked better than
92% of 1113 companies
in the Asset Management industry
Industry Median: 6.06 vs DMO: 13.78

Western Asset Mortgage Defined Opportunity Fund's Dividends per Share for the six months ended in Dec. 2025 was $0.77.

During the past 12 months, Western Asset Mortgage Defined Opportunity Fund's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Mortgage Defined Opportunity Fund was 7.70% per year. The lowest was -24.60% per year. And the median was -10.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Western Asset Mortgage Defined Opportunity Fund  (NYSE:DMO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Western Asset Mortgage Defined Opportunity Fund Forward Dividend Yield % Related Terms

DMO vs GGZ, PFO, OXSQ: Forward Dividend Yield % Comparison

For the Asset Management subindustry, Western Asset Mortgage Defined Opportunity Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Asset Mortgage Defined Opportunity Fund Forward Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Mortgage Defined Opportunity Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset Mortgage Defined Opportunity Fund's Forward Dividend Yield % falls into.


DMO
54GF Score
Western Asset Mortgage Defined Opportunity Fund Inc DMO
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Mortgage Defined Opportunity Fund Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Western Asset Mortgage Defined Opportunity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1200002026-07-242026-07-242026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002026-06-232026-06-232026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002026-05-212026-05-212026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002026-04-232026-04-232026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002026-03-242026-03-242026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002026-02-202026-02-202026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002026-01-232026-01-232026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1200002025-12-232025-12-232025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002025-11-202025-11-202025-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002025-10-242025-10-242025-11-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002025-09-232025-09-232025-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002025-08-222025-08-222025-09-02Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Asset Mortgage Defined Opportunity Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.44/10.45
=13.78 %

Current Share Price is $10.45.
Western Asset Mortgage Defined Opportunity Fund's Dividends per Share for the forward twelve months is calculated as $0.12 * 12 = $1.44.

Western Asset Mortgage Defined Opportunity Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.48/10.45
=14.16 %

Current Share Price is $10.45.
Western Asset Mortgage Defined Opportunity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.48.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Dividend Yield % of 13.78% mean?
Western Asset Mortgage Defined Opportunity Fund (DMO) has a Forward Dividend Yield % of 13.78% as of Jul. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Western Asset Mortgage Defined Opportunity Fund and its competitors. According to the industry distribution chart, Western Asset Mortgage Defined Opportunity Fund ranks #89 out of 1113 companies in the Asset Management industry, placing it in the top 8%.
Is Western Asset Mortgage Defined Opportunity Fund's Forward Dividend Yield % too high?
Western Asset Mortgage Defined Opportunity Fund's current Forward Dividend Yield % is 13.78%. The Asset Management industry median Forward Dividend Yield % is 6.06. Western Asset Mortgage Defined Opportunity Fund's value of 13.78% is 127.4% above this industry median. Based on the distribution chart, Western Asset Mortgage Defined Opportunity Fund ranks #89 out of 1113 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Western Asset Mortgage Defined Opportunity Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Mortgage Defined Opportunity Fund's Forward Dividend Yield % compare to GGZ and PFO?
According to the Asset Management industry distribution chart, Western Asset Mortgage Defined Opportunity Fund ranks #89 out of 1113 companies for Forward Dividend Yield %. This places Western Asset Mortgage Defined Opportunity Fund in the top 8% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 6.06. Western Asset Mortgage Defined Opportunity Fund's value of 13.78% is 127.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Asset Management company?
The median Forward Dividend Yield % among Asset Management companies is 6.06, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Mortgage Defined Opportunity Fund's current Forward Dividend Yield % of 13.78% is 127.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Western Asset Mortgage Defined Opportunity Fund and its competitors. For the Asset Management industry, the median Forward Dividend Yield % is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Mortgage Defined Opportunity Fund's current Forward Dividend Yield % is 13.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Mortgage Defined Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Mortgage Defined Opportunity Fund (DMO) is currently considered Fairly Valued. The stock's GF Value™ is $10.53, compared to a current price of $10.45 — trading 0.8% below its estimated fair value. The current Forward Dividend Yield % is 13.78% and 127.4% above the Asset Management industry median of 6.06. Western Asset Mortgage Defined Opportunity Fund's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Western Asset Mortgage Defined Opportunity Fund (DMO), the current Forward Dividend Yield % is 13.78% as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Mortgage Defined Opportunity Fund (DMO) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Mortgage Defined Opportunity Fund stock appears to be undervalued. The current stock price of $10.45 is trading 0.8% below its estimated GF Value™ of $10.53. GuruFocus considers Western Asset Mortgage Defined Opportunity Fund to be Fairly Valued.

Key valuation signals for DMO:

  • Forward Dividend Yield %: 13.78%
  • GF Value™: $10.53 vs. price of $10.45 (0.8% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 127.4% above the Asset Management median (#89 of 1113)

No single metric tells the full story. See the DMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Western Asset Mortgage Defined Opportunity Fund Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
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.
54GF Score

Get the complete analysis for DMO

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.45
Price
$10.53
GF Value