Western Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.40 Per Share

The Board of Directors of Western Asset Mortgage Capital Corporation (the "Company") announced today that a $0.40 cash dividend was declared by the Board of Directors for the fourth quarter of 2022. The Company also estimates that its GAAP per share value was $16.82 as of November 30, 2022. The Company's November 30, 2022 GAAP book value estimate is not audited, has not been reviewed by any third parties and is subject to normal quarterly reconciliations and other procedures. The estimated book value does not include today's dividend. GAAP book value can fluctuate depending on market conditions, Company operations and other factors. Western Asset Mortgage Capital Corporation (RAMC) is a real-estate investment trust that acquires, invests in and manages a variety of assets. It focuses on residential real-estate related investments including non-qualified mortgage loans and non-agency RMBS. The Company's investment strategy could change, subject to its stated investment guidelines. It is based upon the perspective of its manager Western Asset Management Company, LLC on which portfolio assets provide the Company the greatest risk-reward opportunity at any given moment. The Company is managed and advised externally by Western Asset Management Company, LLC, a registered investment advisor with the Securities and Exchange Commission and wholly owned subsidiary of Franklin Resources, Inc. This press release may contain forward-looking statements. The Company claims the safe harbor provided in these sections for forward-looking statements. Forward-looking statements involve substantial risks and uncertainties. Many of these are hard to predict and generally out of the Company's control. These risks and uncertainties are detailed in the Risk Factors section on the Company's annual Form 10-K report filed with the Securities and Exchange Commission. Businesswire.com: URL