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