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Western Asset Mortgage Capital Corp. (WMC) is a mortgage real estate investment trust, or mREIT, that we last felt was diversifying effectively and could be bought as shares appeared to be stabilizing. The company has benefited from a strong environment for mREITs. The market has priced shares to new 52-week highs recently. We still believe the stock is a good buy. In this column, we check back in on the critical metrics of the mREIT and discuss the dividend coverage. After all, that is what matters when buying a stock like this. When buying a