Western Asset Mortgage Capital (WMC) Declares $0.31 Quarterly Dividend; 11.6% Yield

Go back to Western Asset Mortgage Capital (WMC) Declares $0.31 Quarterly Dividend; 11.6% Yield

Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend Of $0.31 Per Share

September 21, 2017 4:15 PM EDT

PASADENA, Calif., Sept. 21, 2017 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.31 per share for the third quarter of 2017. Today's dividend is payable on October 26, 2017 to common shareholders of record as of October 2, 2017, with an ex-dividend date of September 29, 2017.   

In addition, the Company estimates that its book value per share, as of August 31, 2017, was approximately $10.97.  The August 31, 2017 estimated book value is unaudited, has not been verified or reviewed by any third party and is subject to normal... More