Western Asset Mortgage Capital Dividends and Buybacks
Dividend criteria checks 2/6
Western Asset Mortgage Capital is a dividend paying company with a current yield of 10.46%.
Key information
10.5%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 12.4% |
| Future Dividend Yield | 10.5% |
| Dividend Growth | -7.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | -75% |
Recent dividend and buyback updates
Recent updates
Western Asset Mortgage Capital: Little Chance Of Recovery In My Opinion
May 31Western Asset Mortgage Capital declares $0.40 dividend
Dec 21Western Asset Mortgage Capital Non-GAAP EPS of $0.37, net interest income of $5.7M
Nov 04Western Asset Mortgage Capital declares $0.40 dividend
Sep 22Western Asset Mortgage Capital Non-GAAP EPS of $0.44
Aug 04Western Asset Mortgage Capital prices $351.9M mortgage-backed notes
Jul 08Western Asset Mortgage Capital announced 1-for-10 reverse stock split
Jun 30Western Asset Mortgage Capital: Recent Dividend Cut And Declining Book Value
May 02Western Asset Mortgage Capital misses on revenue
May 05Western Asset Mortgage Capital: Risks From Commercial Portfolio In The Limelight
Jan 07Western Asset Mortgage investment chief exits; WMC buys $10M of its notes
Dec 31Western Asset Mortgage Capital raises dividend to $0.06
Dec 17Western Asset Mortgage Capital Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 09Western Asset Mortgage Capital misses on revenue
Nov 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WMC's dividend payments have been volatile in the past 10 years.
Growing Dividend: WMC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Western Asset Mortgage Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WMC) | 10.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Mortgage REITs) | 12.7% |
| Analyst forecast (WMC) (up to 3 years) | 10.5% |
Notable Dividend: WMC's dividend (10.46%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: WMC's dividend (10.46%) is in the top 25% of dividend payers in the US market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: WMC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (906%), WMC's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/07 17:18 |
| End of Day Share Price | 2023/12/05 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Western Asset Mortgage Capital Corporation is covered by 10 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Hewett | BofA Global Research |
| Jason Stewart | Compass Point Research & Trading, LLC |
| Stephen Laws | Deutsche Bank |