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Western Asset Mortgage (WMC) declares an $0.85/share Q3 dividend vs. $0.57 in Q2 (Q2 dividend...

Western Asset Mortgage (WMC) declares an $0.85/share Q3 dividend vs. $0.57 in Q2 (Q2 dividend was actually $0.38, but following its IPO, covered just half the quarter). In light of new Fed policy - "(which) may have a significant impact on the valuation of our portfolio" - the company issues guidance on its book value, believing it to be $22.68 on Sept. 14. "We continue to be pleased with the position of our portfolio." Shares +9.2% AH. (PR)
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