Western Asset Mortgage Capital (WMC) Declares $0.67 Quarterly Dividend; 17.9% Yield

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Western Asset Mortgage Capital Corporation Declares First Quarter Dividend Of $0.67 Per Share

March 26, 2015 4:05 PM EDT

PASADENA, Calif., March 26, 2015 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.67 per share for the first quarter of 2015. Today's dividend is payable on April 28, 2015 to common shareholders of record as of April 6, 2015, with an ex-dividend date of April 1, 2015.   

The Company also announced its estimated book value per share, as of February 28, 2015 was approximately $15.13.  The February 28, 2015 book value is unaudited and is only an estimate which has not been verified or reviewed by any third party and is subject... More