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WMC News and Press, Western Asset Mortgage Capital Corporation From 07/13/23

Stock Information

Company Name: Western Asset Mortgage Capital Corporation
Stock Symbol: WMC
Market: NYSE
Website: westernassetmcc.com

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WMC - Westmount Mobilizes Exploration Team to Kaba Lithium Property

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Westmount Minerals Corp.  (CSE: WMC)  ("Westmount" or the "Company") is pleased to announce it has mobilized an exploration team to the Kaba Lithium Property (the " Property ") in Northwestern Ontario. The team has comm...

WMC - REITs Lead Quarter-End Rally

2023-07-02 09:00:00 ET Summary U.S. equity markets closed-out a volatile first-half at their highest-levels of the year as investors cheered data showing continued resilience in economic activity alongside further signs of cooling inflationary pressure. Rebounding from its worst w...

WMC - Western Asset Mortgage Capital agrees to merge with Terra Property Trust

2023-06-28 12:50:08 ET Mortgage REIT Western Asset Mortgage Capital ( NYSE: WMC ) and Terra Property Trust (TPT), a REIT that invests in mortgages and assets backed by commercial real estate, agreed on Wednesday, to merge in an all-stock transaction that's expected to form a mor...

WMC - TERRA PROPERTY TRUST AND WESTERN ASSET MORTGAGE CAPITAL CORPORATION ANNOUNCE MERGER TO FORM CREDIT-ORIENTED REAL ESTATE INVESTMENT TRUST

TERRA PROPERTY TRUST AND WESTERN ASSET MORTGAGE CAPITAL CORPORATION ANNOUNCE MERGER TO FORM CREDIT-ORIENTED REAL ESTATE INVESTMENT TRUST PR Newswire NEW YORK , June 28, 2023 /PRNewswire/ -- Terra Property Trust, Inc. ("TPT"), an externally managed real estate inv...

WMC - Terra Property Trust and Western Asset Mortgage Capital Corporation Announce Merger to Form Credit-Oriented Real Estate Investment Trust

Terra Property Trust, Inc. (“TPT”), an externally managed real estate investment trust (“REIT”) that originates, invests in, and manages loans and assets secured by commercial real estate (“CRE”), and Western Asset Mortgage Capital Corporation (NYSE: WMC)...

WMC - Mortgage REITs: High-Yield Risk And Opportunity

2023-06-27 10:00:00 ET Summary Recovering from a sharp sell-off in the wake of the Silicon Valley and First Republic Bank collapses, Mortgage REITs have rebounded as turmoil across interest rate markets has calmed. Distress in the commercial and residential real estate markets has...

WMC - Rally Fades After Fed Warning

2023-06-25 09:00:00 ET Summary U.S. equity markets posted their worst week since March after central bank officials in the U.S. and globally warned that further monetary tightening is necessary to contain inflation. Snapping a five-week winning streak that had sent the benchmark t...

WMC - Western Asset Mortgage Capital declares $0.35 dividend

2023-06-21 16:08:17 ET Western Asset Mortgage Capital ( NYSE: WMC ) declares $0.35/share quarterly dividend , in line with previous. Forward yield 15.27% Payable July 26; for shareholders of record July 3; ex-div June 30. See WMC Dividend Scorecard, Yield Cha...

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

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. Today’s dividend is payable on July 26, 2023 to common shareholders of record as ...

WMC - Westmount Closes $250,000 Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 15, 2023) - Westmount Minerals Corp.  (CSE: WMC)  ("Westmount" or the "Company")  is pleased to announce the closing of its non-brokered, private placement financing of $250,000 priced at $0.05 per Unit. 5,000,000 Share Units h...

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