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Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) 5-Year Dividend Growth Rate : -15.80% (As of Dec. 2023)


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What is Western Asset Mortgage Defined Opportunity Fund 5-Year Dividend Growth Rate?

Western Asset Mortgage Defined Opportunity Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.68.

During the past 12 months, Western Asset Mortgage Defined Opportunity Fund's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Mortgage Defined Opportunity Fund was -6.20% per year. The lowest was -24.60% per year. And the median was -15.85% per year.

Western Asset Mortgage Defined Opportunity Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.96. As of today, Western Asset Mortgage Defined Opportunity Fund's Dividend Yield % is 12.15%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Mortgage Defined Opportunity Fund Inc is 1.06, which seems too high.

Good Sign:

Western Asset Mortgage Defined Opportunity Fund Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Western Asset Mortgage Defined Opportunity Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Western Asset Mortgage Defined Opportunity Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Mortgage Defined Opportunity Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Asset Mortgage Defined Opportunity Fund's 5-Year Dividend Growth Rate falls into.



Western Asset Mortgage Defined Opportunity Fund 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Western Asset Mortgage Defined Opportunity Fund  (NYSE:DMO) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Western Asset Mortgage Defined Opportunity Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.675/ 0.7
=0.96

During the past 7 years, the highest Dividend Payout Ratio of Western Asset Mortgage Defined Opportunity Fund was 1.69. The lowest was 0.72. And the median was 0.91.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Mortgage Defined Opportunity Fund Inc is 1.06, which seems too high.

2. 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 0.1252024-04-222024-04-232024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1252024-03-202024-03-212024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202024-02-212024-02-222024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1152023-11-212023-11-222023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1152023-10-232023-10-242023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1152023-09-212023-09-222023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-08-232023-08-242023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-07-212023-07-242023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-06-222023-06-232023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-05-222023-05-232023-06-01Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.37/11.28
=12.15 %

Current Share Price is $11.28.
Western Asset Mortgage Defined Opportunity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.37.

During the past 7 years, the highest Dividend Yield of Western Asset Mortgage Defined Opportunity Fund was 18.00%. The lowest was 8.77%. And the median was 11.59%.

Good Sign:

Western Asset Mortgage Defined Opportunity Fund Inc stock dividend yield is close to 3-year high.

* 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.


Western Asset Mortgage Defined Opportunity Fund 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Western Asset Mortgage Defined Opportunity Fund's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
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 primarily in a diverse portfolio of mortgage-backed securities, consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202

Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) Headlines