Western Asset Mortgage Capital (WMC) Declares $0.31 Quarterly Dividend; 11.8% Yield

Go back to Western Asset Mortgage Capital (WMC) Declares $0.31 Quarterly Dividend; 11.8% Yield

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

March 21, 2019 4:15 PM EDT

PASADENA, Calif., March 21, 2019 /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 first quarter of 2019. Today's dividend is payable on April 26, 2019 to common shareholders of record as of April 1, 2019, with an ex-dividend date of March 29, 2019.   

In addition, the Company estimates that its book value per share, as of February 28, 2019, was approximately $10.73. The February 28, 2019 estimated book value is unaudited, has not been verified or reviewed by any third party and is subject to normal... More