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

Western Asset Mortgage Capital Co. (NYSE:WMC) announced its earnings results on Thursday, August, 4th. The financial services provider reported $0.44 EPS for the quarter, beating analysts' consensus estimates 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 quarter in the previous year, the firm posted $0.50 EPS.

Western Asset Mortgage Capital announced 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 annualized dividend 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.

Shares of Western Asset Mortgage Capital reverse split before market open 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 closing bell 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).