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Western Asset Mortgage Capital (Western Asset Mortgage Capital) Forward Dividend Yield % : 10.24% (As of Apr. 25, 2024)


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What is Western Asset Mortgage Capital Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Western Asset Mortgage Capital is 10.24%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Western Asset Mortgage Capital is 10.24%.

WMC's Forward Dividend Yield % is not ranked
in the REITs industry.
Industry Median: 7.37 vs WMC: 10.24

Western Asset Mortgage Capital's Dividends per Share for the three months ended in Sep. 2023 was $0.35.

During the past 12 months, Western Asset Mortgage Capital's average Dividends Per Share Growth Rate was 168.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -22.80% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Mortgage Capital was -3.50% per year. The lowest was -55.40% per year. And the median was -23.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Western Asset Mortgage Capital's Forward Dividend Yield %

For the REIT - Mortgage subindustry, Western Asset Mortgage Capital's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Mortgage Capital's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Western Asset Mortgage Capital's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset Mortgage Capital's Forward Dividend Yield % falls into.



Western Asset Mortgage Capital Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Western Asset Mortgage Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002023-11-292023-11-302023-12-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402023-11-022023-11-032023-11-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-09-292023-10-022023-10-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-06-302023-07-032023-07-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Asset Mortgage Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/9.18
=4.36 %

Current Share Price is $9.18.
Western Asset Mortgage Capital's Dividends per Share for the forward twelve months is calculated as $0.1 * 4 = $0.4.

Western Asset Mortgage Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.94/9.18
=10.24 %

Current Share Price is $9.18.
Western Asset Mortgage Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.94.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Asset Mortgage Capital  (NYSE:WMC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Western Asset Mortgage Capital Forward Dividend Yield % Related Terms

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Western Asset Mortgage Capital (Western Asset Mortgage Capital) Business Description

Traded in Other Exchanges
N/A
Address
385 East Colorado Boulevard, Pasadena, CA, USA, 91101
Western Asset Mortgage Capital Corp is a specialty financial REIT company managing diversified mortgage-market investment portfolio. The corporation is externally managed by Western Asset Management Company and emphasizes on undervalued assets. It focuses on investing in, financing and managing majorly residential mortgage-backed securities, while its core focus is on Agency RMBS. The company aims to provide attractive risk-adjusted returns to its investors over the long-term across market conditions and economic cycles.
Executives
Robert W. Lehman officer: Chief Financial Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Sean O. Johnson officer: Deputy CIO C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Greg E. Handler officer: Chief Investment Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Elliott Neumayer officer: Chief Operating Officer 385 EAST COLORADO BLVD, PASADENA CA 91101
Bonnie M. Wongtrakool director, officer: Chief Executive Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Lisa Meyer officer: Chief Financial Officer C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Capital Management Gp, Llc 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Lisa G Quateman director C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Jennifer Murphy officer: President and CEO LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Harris Trifon officer: Chief Investment Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Dennis Joseph Mcnamara officer: Co-Chief Investment Officer 385 E. COLORADO BLVD., PASADENA CA 91101
M Christian Mitchell director 355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Richard W Roll director C/O WESTERN ASSET MORTGAGE CAPITAL CORP, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101

Western Asset Mortgage Capital (Western Asset Mortgage Capital) Headlines