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Western Asset Mortgage Capital (WMC) Declares $0.06 Quarterly Dividend; 9.5% Yield

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Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.06 Per Share

September 23, 2021 4:15 PM EDT

PASADENA, 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 third quarter of 2021. Todays dividend is payable on October 26, 2021 to common shareholders of record as of October 4, 2021, with an ex-dividend date of October 1, 2021.

In addition, the Company estimates that its GAAP book value per share, as of August 31, 2021, was approximately $3.67. The August 31, 2021 estimated GAAP book value is unaudited, has not been verified or reviewed by our external auditors and is subject to... More