WMC News and Press, Western Asset Mortgage Capital Corporation From 02/08/23

Please replace the release dated February 6, 2023 with the following corrected version due to multiple revisions. The updated release reads: WESTERN ASSET MORTGAGE CAPITAL CORPORATION ANNOUNCES UPDATED TAX CHARACTERISTICS OF 2022 DIVIDENDS Western Asset Mortgage Capital Corpor...

Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today the tax treatment of its common stock dividends declared in 2022. The below information is provided to assist the Company’s stockholders with tax reporting requirements related to divid...

Summary Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart. Who cares about the difference between 3.7% and 14.26% to 17.6%? We do! Get ready for charts, images, and tables because t...

Summary We own shares in all three picks. Up to 33% upside to book value. Some peers trade above book value. Dividends were steady. The only dividend reduction in the batch was less than 5%. Get ready for charts, images, and tables because they are better than words. The...

Summary These three REITs got much too cheap in October 2022, but they rallied too hard. Take the money and run! Shares are up 33% to 52%. They deserved a rally, but not that much. We're not always bearish. We recommended one of these shares within days of the 52-week low. G...

Summary We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table. We look for those opportunities to optimize investments so we can be positioned for some...

Summary This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core e...

Summary We're highlighting two shares with yields over 13%. Each share trades at a discount to their net asset value and a discount to their usual price-to-NAV ratio. I already own one of these shares and Scott owns both. Get ready for charts, images, and tables because they...

Summary Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86. Recent plunge created new opportunities. We just bought more in one of these picks. Get ready for charts, images, and tables because they are better than words. T...

Summary U.S. equity markets declined for a third-straight week as benchmark interest rates surged after the advance of a $1.7 trillion federal spending package overshadowed another slate of encouraging inflation data. Declining for a third-straight week and finishing back on the cusp of...