Wunderlich Securities Upgrades Western Asset Mortgage Capital (WMC) to Buy
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Western Asset Mortgage Capital Corporation Announces Second Quarter 2016 Results
August 3, 2016 4:30 PM EDTPASADENA, Calif., Aug. 3, 2016 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) today reported its results for the second quarter ended June 30, 2016.
SECOND QUARTER 2016 HIGHLIGHTS
$0.31 per share common dividend declared GAAP net income of $17.3 million, or $0.41 per basic and diluted share Core earnings plus drop income of $12.7 million, or $0.30 per basic and diluted share1,2 2.01% annualized net interest spread on our investment portfolio1,5 Constant prepayment rate on the Company's Agency RMBS portfolio of 12.1% for the quarter $11.01 per... More