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) | 4.2% |
| Industry Average (Mortgage REITs) | 12.0% |
| 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.