Western Asset Mortgage Capital Corporation (WMC) Ex-Dividend Date Scheduled for June 29, 2018

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Western Asset Mortgage Capital Corporation ( WMC ) will begin trading ex-dividend on June 29, 2018. A cash dividend payment of $0.31 per share is scheduled to be paid on July 26, 2018. Shareholders who purchased WMC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that WMC has paid the same dividend. At the current stock price of $10.69, the dividend yield is 11.6%.

The previous trading day's last sale of WMC was $10.69, representing a -2.37% decrease from the 52 week high of $10.95 and a 25.18% increase over the 52 week low of $8.54.

WMC is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). WMC's current earnings per share, an indicator of a company's profitability, is $2.06. Zacks Investment Research reports WMC's forecasted earnings growth in 2018 as 24.35%, compared to an industry average of .1%.

For more information on the declaration, record and payment dates, visit the WMC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to WMC through an Exchange Traded Fund [ETF]?
The following ETF(s) have WMC as a top-10 holding:

  • VanEck Vectors Mortgage REIT Income ETF ( MORT )
  • iShares Trust ( REM ).

The top-performing ETF of this group is MORT with an increase of 7.6% over the last 100 days. It also has the highest percent weighting of WMC at 1.63%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: WMC , AMT , SPG , MORT , REM

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