Western Asset Mortgage Capital (WMC) Declares $0.35 Quarterly Dividend; 15.4% Yield

Go back to Western Asset Mortgage Capital (WMC) Declares $0.35 Quarterly Dividend; 15.4% Yield

Western Asset Mortgage Capital Corporation Declares Second Quarter Dividend of $0.35 Per Share

June 21, 2023 4:05 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 $0.35 per share for the second quarter of 2023. Todays dividend is payable on July 26, 2023 to common shareholders of record as of July 3, 2023, with an ex-dividend date of June 30, 2023.

In addition, the Company estimates that its GAAP book value per share, as of May 31, 2023, was approximately $15.50. The May 31, 2023 estimated GAAP book value is unaudited, has not been verified or reviewed by any third party and is subject to... More