Western Asset Mortgage Capital (WMC) Declares $0.06 Quarterly Dividend; 7% Yield
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Western Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.06 Per Share
December 17, 2020 4:41 PM ESTPASADENA, Calif.--(BUSINESS WIRE)-- Western Asset Mortgage Capital Corporation (the Company) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.06 per share for the fourth quarter of 2020. Todays dividend is payable on January 26, 2021 to common shareholders of record as of December 28, 2020, with an ex-dividend date of December 24, 2020.
In addition, the Company estimates that its GAAP book value per share, as of November 30, 2020, was approximately $4.18. The November 30, 2020 estimated GAAP book value is unaudited, has not been verified or reviewed by any third party and is subject to... More
