UWMC - Why Is UWM Holdings' Dividend So High?
2023-04-16 08:10:00 ET
With rising interest rates over the past year, a lot of rate-sensitive stocks have seen their stock prices fall and their dividend yields rise significantly. Given the right circumstances, that might suggest a buying opportunity.
But not all high yields are safe, and it pays to take a look at the fundamentals of the business before jumping in. As a general rule, a yield that seems too good to be true probably is.
UWM Holdings (NYSE: UWMC) , the parent company of United Wholesale, has a pretty high yield. Why is that? And does this stock have the right fundamentals to support that yield?
For further details see:
Why Is UWM Holdings' Dividend So High?