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Western Asset Mortgage Capital (Western Asset Mortgage Capital) 5-Year Yield-on-Cost % : 2.81 (As of Apr. 25, 2024)


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What is Western Asset Mortgage Capital 5-Year Yield-on-Cost %?

Western Asset Mortgage Capital's yield on cost for the quarter that ended in Sep. 2023 was 2.81.


The historical rank and industry rank for Western Asset Mortgage Capital's 5-Year Yield-on-Cost % or its related term are showing as below:

WMC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.09   Med: 0.45   Max: 4.94
Current: 2.81


During the past 12 years, Western Asset Mortgage Capital's highest Yield on Cost was 4.94. The lowest was 0.09. And the median was 0.45.


WMC's 5-Year Yield-on-Cost % is not ranked
in the REITs industry.
Industry Median: 7.08 vs WMC: 2.81

Competitive Comparison of Western Asset Mortgage Capital's 5-Year Yield-on-Cost %

For the REIT - Mortgage subindustry, Western Asset Mortgage Capital's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Western Asset Mortgage Capital's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Western Asset Mortgage Capital's 5-Year Yield-on-Cost % falls into.



Western Asset Mortgage Capital 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Western Asset Mortgage Capital is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Western Asset Mortgage Capital  (NYSE:WMC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Western Asset Mortgage Capital 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Western Asset Mortgage Capital's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


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