Western Asset Mortgage Capital (WMC) Declares $0.04 Quarterly Dividend; 8.8% Yield
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Western Asset Mortgage Capital Corporation Declares First Quarter Dividend of $0.04 Per Share
March 23, 2022 4:15 PM EDTPASADENA, 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 $0.04 per share for the first quarter of 2022. Todays dividend is payable on April 26, 2022 to common shareholders of record as of April 4, 2022, with an ex-dividend date of April 1, 2022.
The Company, in conjunction with its Board of Directors, has decided to reset the quarterly dividend to better reflect the earnings power of the portfolio during the transition of our primary investment focus towards the residential real estate... More
