Western Asset Mortgage Capital (WMC: Quote) announced after the bell Thursday that its Board of Directors has declared a cash dividend of $0.85 per share for the third quarter of 2012. The stock is now up 1.70 on 34K shares.
Western Asset Mortgage Capital was range-bound throughout Thursday's session and closed up by 0.26 at $22.30. The stock has been rising for over a month and finished at a new high.
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by RTT Staff Writer
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