STOCK TITAN

Western Asset Mortgage Capital Corp - WMC STOCK NEWS

Welcome to our dedicated news page for Western Asset Mortgage Capital (Ticker: WMC), a resource for investors and traders seeking the latest updates and insights on Western Asset Mortgage Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset Mortgage Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset Mortgage Capital's position in the market.

Rhea-AI Summary
Western Asset Mortgage Capital Corporation (WMC) stockholders approve merger with AG Mortgage Investment Trust, Inc. (MITT)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
-
Rhea-AI Summary
Western Asset Mortgage Capital Corporation (NYSE: WMC) Declares Second Interim Fourth Quarter Dividend of $0.10 per Share in Light of Adjournment of Special Meeting. The dividend is payable on December 5, 2023, and is related to the previously announced Agreement and Plan of Merger with AG Mortgage Investment Trust, Inc. (MITT).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
dividends
-
Rhea-AI Summary
Western Asset Mortgage Capital Corporation (NYSE: WMC) has announced that it will adjourn its special meeting of stockholders regarding the proposed merger with AG Mortgage Investment Trust, Inc. The meeting will be adjourned until December 5, 2023, due to a lack of quorum and to allow for further solicitation of proxies. Despite a majority of stockholders voting in favor of the merger, a quorum has not been achieved. The record date of the Special Meeting remains unchanged, and stockholders who have already voted do not need to vote again.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
none
Rhea-AI Summary
Western Asset Mortgage Capital Corporation (WMC) declares an interim Q4 dividend of $0.14 per share. The dividend is payable on November 8, 2023, to stockholders of record as of November 3, 2023. This dividend is part of the previously announced merger agreement with AG Mortgage Investment Trust, Inc. (MITT).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
dividends
-
Rhea-AI Summary
AG Mortgage Investment Trust and Western Asset Mortgage Capital announce final exchange ratio for merger
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
-
Rhea-AI Summary
AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation announce final exchange ratio for merger
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
Rhea-AI Summary
Western Asset Mortgage Capital Corporation declares cash dividend of $0.35 per share for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
none
-
Rhea-AI Summary
AG Mortgage Investment Trust (MITT) and Western Asset Mortgage Capital Corporation (WMC) have entered into a definitive merger agreement. MITT will acquire WMC in a fixed exchange ratio stock/cash transaction. The transaction values WMC at $11.23 per share, representing a 34% premium to WMC's unaffected closing stock price on July 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
Western Asset Mortgage Capital Corp

NYSE:WMC

WMC Rankings

WMC Stock Data

55.53M
4.98M
2.01%
32.93%
0.17%
Other Financial Vehicles
Finance and Insurance
Link
US
Pasadena

About WMC

capital west asset management is an investment management company located in 8400 e prentice ave # 1401, englewood, colorado, united states.