{"id":688256,"date":"2022-09-22T16:19:07","date_gmt":"2022-09-22T20:19:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\/"},"modified":"2022-09-22T16:19:07","modified_gmt":"2022-09-22T20:19:07","slug":"western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\/","title":{"rendered":"Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share<\/b><\/p>\n<p>PASADENA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWestern Asset Mortgage Capital Corporation (the \u201cCompany\u201d) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.40 per share for the third quarter of 2022. Today\u2019s dividend is payable on October 26, 2022 to common shareholders of record as of October 3, 2022, with an ex-dividend date of September 30, 2022.\n<\/p>\n<p>\nIn addition, the Company estimates that its GAAP book value per share, as of August 31, 2022, was approximately $22.02. The August 31, 2022 estimated GAAP book value is unaudited, has not been verified or reviewed by any third party and is subject to normal quarterly reconciliation and other procedures. Further, the estimated book value is as of August 31, 2022 and does not include the dividend announced today. GAAP book value will fluctuate with market conditions, the results of the Company\u2019s operations and other factors. The Company\u2019s current GAAP book value may be materially different from the August 31, 2022 estimated GAAP book value.\n<\/p>\n<p><b>ABOUT WESTERN ASSET MORTGAGE CAPITAL CORPORATION<\/b><\/p>\n<p>\nWestern Asset Mortgage Capital Corporation is a real estate investment trust that invests in, acquires and manages a diverse portfolio of assets, with a focus on residential real estate related investments, including non-qualified mortgage loans, non-agency RMBS and other related investments. The Company\u2019s investment strategy may change, subject to the Company\u2019s stated investment guidelines, and is based on its manager Western Asset Management Company, LLC&#8217;s perspective of which mix of portfolio assets it believes provide the Company with the best risk-reward opportunities at any given time. The Company is externally managed and advised by Western Asset Management Company, LLC, an investment advisor registered with the Securities and Exchange Commission and a wholly-owned subsidiary of Franklin Resources, Inc. Please visit the Company\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.westernassetmcc.com&amp;esheet=52923427&amp;newsitemid=20220922005798&amp;lan=en-US&amp;anchor=www.westernassetmcc.com&amp;index=1&amp;md5=f91d17053b3f23bd42dd9db196076851\">www.westernassetmcc.com<\/a>.\n<\/p>\n<p><b>FORWARD-LOOKING STATEMENTS<\/b><\/p>\n<p><i>This press release contains statements that may constitute &#8220;forward-looking statements&#8221;. For these statements, the Company claims the protections of the safe harbor for forward-looking statements contained in such sections. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company\u2019s control. Such risks and uncertainties are described in the Risk Factors section of the Company\u2019s annual report on Form 10-K for the period ended December 31, 2021 filed with the Securities and Exchange Commission (\u201cSEC\u201d). The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220922005798r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220922005798\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220922005798\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations Contact:<br \/>\n<br \/>Larry Clark, CFA<br \/>\n<br \/>Financial Profiles, Inc.<br \/>\n<br \/>(310) 622-8223<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lclark@finprofiles.com\">lclark@finprofiles.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share PASADENA, Calif.&#8211;(BUSINESS WIRE)&#8211; Western Asset Mortgage Capital Corporation (the \u201cCompany\u201d) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.40 per share for the third quarter of 2022. Today\u2019s dividend is payable on October 26, 2022 to common shareholders of record as of October 3, 2022, with an ex-dividend date of September 30, 2022. In addition, the Company estimates that its GAAP book value per share, as of August 31, 2022, was approximately $22.02. The August 31, 2022 estimated GAAP book value is unaudited, has not been verified or reviewed by any third party and is subject to normal quarterly reconciliation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688256","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share PASADENA, Calif.&#8211;(BUSINESS WIRE)&#8211; Western Asset Mortgage Capital Corporation (the \u201cCompany\u201d) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.40 per share for the third quarter of 2022. Today\u2019s dividend is payable on October 26, 2022 to common shareholders of record as of October 3, 2022, with an ex-dividend date of September 30, 2022. In addition, the Company estimates that its GAAP book value per share, as of August 31, 2022, was approximately $22.02. The August 31, 2022 estimated GAAP book value is unaudited, has not been verified or reviewed by any third party and is subject to normal quarterly reconciliation &hellip; Continue reading &quot;Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-22T20:19:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220922005798r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share\",\"datePublished\":\"2022-09-22T20:19:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\\\/\"},\"wordCount\":474,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20220922005798r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/western-asset-mortgage-capital-corporation-declares-third-quarter-dividend-of-0-40-per-share\\\/\",\"name\":\"Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share - 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