Western Asset Mortgage Capital (WMC) 14.53 $WMC
Western Asset Mortgage Capital Corporation Announces Closing Of Public And Private Offerings Of Common Stock
PR Newswire - Thu Apr 10, 7:30AM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced that on April 9, 2014 it closed a public offering of 13,000,000 shares of its common stock and a private placement of 650,000 shares of its common stock with its external manager Western Asset Management Company. The Company further announced that the combined net proceeds from the public offering and the private placement were approximately $200 million, after deducting the underwriting discount and estimated offering expenses payable by the Company. The underwriters have an option to purchase up to an additional 1,950,000 shares of the Company's common stock.
Western Asset Mortgage Capital (WMC) Stock Lower After Public Offering Of 13 Million Shares
at The Street - Fri Apr 04, 9:44AM CDT
Western Asset Mortgage Capital (WMC) is down Friday morning after pricing a public offering of 13 million shares of common stock.
Western Asset Mortgage Capital Corporation Announces Pricing Of Public Offering Of 13,000,000 Shares Of Common Stock
PR Newswire - Fri Apr 04, 8:11AM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) (the "Company"
today announced that it has priced a public offering of 13,000,000 shares of common stock for total estimated gross proceeds of approximately $193 million. The Company has also granted the underwriters an option to purchase up to an additional 1,950,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on April 9, 2014.
Western Asset Mortgage Capital Corporation Announces Public Offering Of 13,000,000 Shares Of Common Stock
PR Newswire - Thu Apr 03, 3:41PM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) (the "Company" today announced that it has commenced a public offering of 13,000,000 shares of common stock. The Company also plans to grant the underwriters an option to purchase up to an additional 1,950,000 shares of common stock.
Western Asset Mortgage Capital announces dividend of USD0.67 per share
M2 - Fri Mar 21, 6:04AM CDT
The board of directors of US-based real estate investment trust, Western Asset Mortgage Capital Corporation (NYSE:WMC) authorised a common stock cash dividend of USD0.67 per share for the first quarter of 2014, the company declared on Thursday.
Western Asset Mortgage Capital Corporation Declares First Quarter Dividend Of $0.67 Per Share
PR Newswire - Thu Mar 20, 3:05PM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.67 per share for the first quarter of 2014. The dividend takes into account the approximately 10.5% increase in shares outstanding resulting from the stock portion of the Company's 2013 fourth quarter dividend.[1] Today's dividend is payable on April 29, 2014 to common shareholders of record as of March 31, 2014, with an ex-dividend date of March 27, 2014.
Western Asset Mortgage Capital Corporation Announces Fourth Quarter And Year-End 2013 Results
PR Newswire - Fri Mar 07, 7:30AM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) today reported net income for the fourth quarter ended December 31, 2013 of $20.8 million, or $0.83 per basic and diluted share. Core earnings for the fourth quarter were $17.2 million, or $0.70 per basic and diluted share1. The Company also reported a net book value of $15.27 per share as of December 31, 2013, reflecting the $2.35 dividend declared on December 19, 2013 and paid on January 28, 2014, which consisted of $19.4 million in cash and 2.55 million shares in common stock. As a result of the stock portion of the dividend, common shares outstanding increased from 24.30 million shares to 26.85 million shares.
Western Asset Mortgage Capital Corporation To Report Fourth Quarter And Year-End 2013 Financial Results
PR Newswire - Fri Feb 28, 7:30AM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) today announced that it will release financial results for the fourth quarter and year ended December 31, 2013, before the market opens on Friday, March 7, 2014. The Company will host a corresponding conference call with a live webcast later that morning at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time, to discuss those results and answer questions.
These Mortgage REITs are Pushing Higher on Monday
at The Street - Mon Feb 03, 11:54AM CST
Annaly (NLY), Western Asset (WMC), CYS Investments (CYS) and Capstead (CMO) were trading slightly higher on Monday, buoyed by the release of poor numbers out of the Institute for Supply Management which is expected to push interest rates lower.
Western Asset Mortgage Capital Corporation Announces The Cash And Stock Components Of The 2013 Year-End Dividend
PR Newswire - Tue Jan 28, 7:30AM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today the cash and stock components of its previously declared fourth quarter/year-end dividend of $2.35 for each common share.
Dividend Watch: 5 Stocks Going Ex-Dividend Thursday: AHH, KYE, WMC, DEI, BBD
at The Street - Tue Dec 24, 9:00AM CST
AHH KYE WMC DEI BBD are going ex-dividend Thursday, Thursday, Dec. 26, 2013, 5:00 AM ET
Merger Agreements, Elections Acquisitions and Appointments by Financial Companies - Research Report on KFN, Nationstar Mortgage, Invesco Mortgage, American Capital Mortgage, and Western Asset Mortgage
PR Newswire - Fri Dec 20, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.
Western Asset Mortgage Capital Corporation Declares Fourth Quarter/Year-End Dividend Of $2.35 Per Share Consisting Of Cash And Stock
PR Newswire - Thu Dec 19, 3:26PM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today that its Board of Directors has declared a fourth quarter/year-end dividend of $2.35 for each common share payable in a combination of cash and stock. As described below, stockholders will make an election to receive their dividend in cash or stock. If the cash election is oversubscribed, each stockholder electing cash will receive a pro rata cash amount of no less than $0.80 per share with the balance payable in stock. The expected cash portion of the dividend may be viewed as comparable to the Company's regular quarterly dividend. The stock portion of the dividend is being paid by the Company in order for the Company to reduce its undistributed taxable income from 2013 and satisfy the REIT distribution requirements. Such incremental undistributed taxable income primarily pertains to net gains realized on certain hedging transactions and the inability to offset such gains for federal income tax purposes with net capital losses realized on the sale of mortgage-backed securities. The Company has chosen to pay a portion of the dividend in stock in order to maintain the earnings power of its portfolio while fulfilling the REIT requirements.
Ranking Our Favorite Mortgage REITs
David Hanson and Matt Koppenheffer, The Motley Fool - Motley Fool - Sun Dec 08, 5:00AM CST
Annaly Capital Management , American Capital Agency , Western Asset Mortgage Capital , Two Harbors , and Invesco Mortgage Capital all sport massive dividends, but each company has a different strategy. In this segment from The Motley Fool's...
Where the Money Is: December 5
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Thu Dec 05, 4:40PM CST
How to make a simple valuation model. Motley Fool analysts Matt Koppenheffer and David Hanson as they check in on the latest Bitcoin news, play a round of "Fool in the Blank," and take a listener's question about buying preferred shares over common...
Early Briefing and Review: KKR Financial Holdings LLC, Nationstar Mortgage Holdings Inc., Western Asset Mortgage Capital Corp., and Arlington Asset Investment Corp.
PR Newswire - Thu Nov 21, 8:08AM CST
Editor Note: For more information about this release, please scroll to bottom.
Commit To Purchase Western Asset Mortgage Capital At $12.50, Earn 8.5% Annualized Using Options
at The Street - Wed Nov 20, 10:43AM CST
Investors eyeing a purchase of Western Asset Mortgage Capital Corp stock, but cautious about paying the going market price of $16.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One...
Annaly Capital Management: Opportunity or Value Trap?
Matthew Frankel, The Motley Fool - Motley Fool - Mon Nov 18, 9:50AM CST
After reporting a worse-than-expected third quarter, Annaly Capital Management and most of the rest of the mortgage REIT sector took a nosedive. In fact, shares of Annaly hit a new 52-week low after the report, as investors seem to be counting on...
Western Asset Mortgage Capital Corporation Announces Closing Of Public And Private Offerings Of Common Stock
PR Newswire - Thu Apr 10, 7:30AM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced that on April 9, 2014 it closed a public offering of 13,000,000 shares of its common stock and a private placement of 650,000 shares of its common stock with its external manager Western Asset Management Company. The Company further announced that the combined net proceeds from the public offering and the private placement were approximately $200 million, after deducting the underwriting discount and estimated offering expenses payable by the Company. The underwriters have an option to purchase up to an additional 1,950,000 shares of the Company's common stock.
Western Asset Mortgage Capital (WMC) Stock Lower After Public Offering Of 13 Million Shares
at The Street - Fri Apr 04, 9:44AM CDT
Western Asset Mortgage Capital (WMC) is down Friday morning after pricing a public offering of 13 million shares of common stock.
Western Asset Mortgage Capital Corporation Announces Pricing Of Public Offering Of 13,000,000 Shares Of Common Stock
PR Newswire - Fri Apr 04, 8:11AM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) (the "Company"
today announced that it has priced a public offering of 13,000,000 shares of common stock for total estimated gross proceeds of approximately $193 million. The Company has also granted the underwriters an option to purchase up to an additional 1,950,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on April 9, 2014. Western Asset Mortgage Capital Corporation Announces Public Offering Of 13,000,000 Shares Of Common Stock
PR Newswire - Thu Apr 03, 3:41PM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) (the "Company"
today announced that it has commenced a public offering of 13,000,000 shares of common stock. The Company also plans to grant the underwriters an option to purchase up to an additional 1,950,000 shares of common stock. Western Asset Mortgage Capital announces dividend of USD0.67 per share
M2 - Fri Mar 21, 6:04AM CDT
The board of directors of US-based real estate investment trust, Western Asset Mortgage Capital Corporation (NYSE:WMC) authorised a common stock cash dividend of USD0.67 per share for the first quarter of 2014, the company declared on Thursday.
Western Asset Mortgage Capital Corporation Declares First Quarter Dividend Of $0.67 Per Share
PR Newswire - Thu Mar 20, 3:05PM CDT
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.67 per share for the first quarter of 2014. The dividend takes into account the approximately 10.5% increase in shares outstanding resulting from the stock portion of the Company's 2013 fourth quarter dividend.[1] Today's dividend is payable on April 29, 2014 to common shareholders of record as of March 31, 2014, with an ex-dividend date of March 27, 2014.
Western Asset Mortgage Capital Corporation Announces Fourth Quarter And Year-End 2013 Results
PR Newswire - Fri Mar 07, 7:30AM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) today reported net income for the fourth quarter ended December 31, 2013 of $20.8 million, or $0.83 per basic and diluted share. Core earnings for the fourth quarter were $17.2 million, or $0.70 per basic and diluted share1. The Company also reported a net book value of $15.27 per share as of December 31, 2013, reflecting the $2.35 dividend declared on December 19, 2013 and paid on January 28, 2014, which consisted of $19.4 million in cash and 2.55 million shares in common stock. As a result of the stock portion of the dividend, common shares outstanding increased from 24.30 million shares to 26.85 million shares.
Western Asset Mortgage Capital Corporation To Report Fourth Quarter And Year-End 2013 Financial Results
PR Newswire - Fri Feb 28, 7:30AM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) today announced that it will release financial results for the fourth quarter and year ended December 31, 2013, before the market opens on Friday, March 7, 2014. The Company will host a corresponding conference call with a live webcast later that morning at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time, to discuss those results and answer questions.
These Mortgage REITs are Pushing Higher on Monday
at The Street - Mon Feb 03, 11:54AM CST
Annaly (NLY), Western Asset (WMC), CYS Investments (CYS) and Capstead (CMO) were trading slightly higher on Monday, buoyed by the release of poor numbers out of the Institute for Supply Management which is expected to push interest rates lower.
Western Asset Mortgage Capital Corporation Announces The Cash And Stock Components Of The 2013 Year-End Dividend
PR Newswire - Tue Jan 28, 7:30AM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today the cash and stock components of its previously declared fourth quarter/year-end dividend of $2.35 for each common share.
Dividend Watch: 5 Stocks Going Ex-Dividend Thursday: AHH, KYE, WMC, DEI, BBD
at The Street - Tue Dec 24, 9:00AM CST
AHH KYE WMC DEI BBD are going ex-dividend Thursday, Thursday, Dec. 26, 2013, 5:00 AM ET
Merger Agreements, Elections Acquisitions and Appointments by Financial Companies - Research Report on KFN, Nationstar Mortgage, Invesco Mortgage, American Capital Mortgage, and Western Asset Mortgage
PR Newswire - Fri Dec 20, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.
Western Asset Mortgage Capital Corporation Declares Fourth Quarter/Year-End Dividend Of $2.35 Per Share Consisting Of Cash And Stock
PR Newswire - Thu Dec 19, 3:26PM CST
Western Asset Mortgage Capital Corporation (NYSE: WMC) announced today that its Board of Directors has declared a fourth quarter/year-end dividend of $2.35 for each common share payable in a combination of cash and stock. As described below, stockholders will make an election to receive their dividend in cash or stock. If the cash election is oversubscribed, each stockholder electing cash will receive a pro rata cash amount of no less than $0.80 per share with the balance payable in stock. The expected cash portion of the dividend may be viewed as comparable to the Company's regular quarterly dividend. The stock portion of the dividend is being paid by the Company in order for the Company to reduce its undistributed taxable income from 2013 and satisfy the REIT distribution requirements. Such incremental undistributed taxable income primarily pertains to net gains realized on certain hedging transactions and the inability to offset such gains for federal income tax purposes with net capital losses realized on the sale of mortgage-backed securities. The Company has chosen to pay a portion of the dividend in stock in order to maintain the earnings power of its portfolio while fulfilling the REIT requirements.
Ranking Our Favorite Mortgage REITs
David Hanson and Matt Koppenheffer, The Motley Fool - Motley Fool - Sun Dec 08, 5:00AM CST
Annaly Capital Management , American Capital Agency , Western Asset Mortgage Capital , Two Harbors , and Invesco Mortgage Capital all sport massive dividends, but each company has a different strategy. In this segment from The Motley Fool's...
Where the Money Is: December 5
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Thu Dec 05, 4:40PM CST
How to make a simple valuation model. Motley Fool analysts Matt Koppenheffer and David Hanson as they check in on the latest Bitcoin news, play a round of "Fool in the Blank," and take a listener's question about buying preferred shares over common...
Early Briefing and Review: KKR Financial Holdings LLC, Nationstar Mortgage Holdings Inc., Western Asset Mortgage Capital Corp., and Arlington Asset Investment Corp.
PR Newswire - Thu Nov 21, 8:08AM CST
Editor Note: For more information about this release, please scroll to bottom.
Commit To Purchase Western Asset Mortgage Capital At $12.50, Earn 8.5% Annualized Using Options
at The Street - Wed Nov 20, 10:43AM CST
Investors eyeing a purchase of Western Asset Mortgage Capital Corp stock, but cautious about paying the going market price of $16.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One...
Annaly Capital Management: Opportunity or Value Trap?
Matthew Frankel, The Motley Fool - Motley Fool - Mon Nov 18, 9:50AM CST
After reporting a worse-than-expected third quarter, Annaly Capital Management and most of the rest of the mortgage REIT sector took a nosedive. In fact, shares of Annaly hit a new 52-week low after the report, as investors seem to be counting on...
