Western Asset Mortgage Capital (WMC) Declares $0.58 Quarterly Dividend; 20% Yield

Go back to Western Asset Mortgage Capital (WMC) Declares $0.58 Quarterly Dividend; 20% Yield

Western Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.58 per Share

December 17, 2015 4:15 PM EST

PASADENA, Calif., Dec. 17, 2015 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.58 per share for the fourth quarter of 2015. Today's dividend is payable on January 26, 2016 to common shareholders of record as of December 28, 2015, with an ex-dividend date of December 23, 2015.   

In addition, the Company estimates that its book value per share, as of November 30, 2015, was approximately $12.91.  The November 30, 2015 book value is unaudited and is only an estimate which has not been verified or reviewed by any... More