Western Asset Mortgage Capital (WMC) Stock Price, News & Analysis

Western Asset Mortgage Capital Co. (NYSE:WMC) announced its quarterly earnings results on Thursday, August, 4th. The financial services provider reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. Western Asset Mortgage Capital had a negative net margin of 7.10% and a positive trailing twelve-month return on equity of 8.01%. During the same period in the previous year, the firm earned $0.50 EPS.

Western Asset Mortgage Capital declared a quarterly dividend on Monday, November 20th. Investors of record on Thursday, November 30th will be paid a dividend of $0.10 per share on Tuesday, December 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for WMC.

Western Asset Mortgage Capital (NYSE:WMC) pays an annual dividend of $0.40 per share and currently has a dividend yield of 4.55%. WMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for WMC.

Western Asset Mortgage Capital shares reverse split on Monday, July 11th 2022. The 1-10 reverse split was announced on Monday, July 11th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, July 11th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Mortgage Capital investors own include New Residential Investment (NRZ), New York Mortgage Trust (NYMT), CBL & Associates Properties (CBL), CVR Refining (CVRR), (HCLP) (HCLP), DHT (DHT), Two Harbors Investment (TWO), SunCoke Energy Partners (SXCP), SEASPAN CORP/SH SH (SSW) and NGL Energy Partners (NGL).