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Western Asset Mortgage Capital Corporation (WMC) Ex-Dividend Date Scheduled for December 29, 2016

Western Asset Mortgage Capital Corporation ( WMC ) will begin trading ex-dividend on December 29, 2016. A cash dividend payment of $0.31 per share is scheduled to be paid on January 26, 2017. Shareholders who purchased WMC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that WMC has paid the same dividend. At the current stock price of $10.4, the dividend yield is 11.92%.

The previous trading day's last sale of WMC was $10.4, representing a -6.98% decrease from the 52 week high of $11.18 and a 29.35% increase over the 52 week low of $8.04.

WMC is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). WMC's current earnings per share, an indicator of a company's profitability, is -$.18. Zacks Investment Research reports WMC's forecasted earnings growth in 2016 as -42.62%, compared to an industry average of -5.9%.

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 Mortgage Real Estate Capped ETF ( REM ).

The top-performing ETF of this group is MORT with an increase of 0.54% over the last 100 days. It also has the highest percent weighting of WMC at 1.52%.

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


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

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