I bought more shares of WMC today at 20.53.
I KNOW this week is the dividend announcement, but will it happen today?
Wed.? Thurs.? Fri.?
With both AGNC and MTGE not reducing their dividend and WMC waiting this long to announce, I think WMC's dividend is safe this quarter.
Imo, its much better to delay good news than it is to delay bad news, so the longer WMC waits to announce, the better it is for shareholders.
AMTG's div. reduction and special div. combined, while in total is more than their normal div., seems not to have been looked upon by the market as kindly as one could have expected.
That's another reason I think WMC leaves its dividend at its current level.
I predict WMC rises to 21.42(more is fine!) sometime between the div. announcement and and the ex-date.
Does anyone want to make a prediction regarding WMC's dividend declaration date and amount?
Thanks, and good luck.
i was guessing today afterclose but have not seen as of yet.... holding steady as far as amount... interesting price action on no news today vs. my mtge and agnc that have announced and held divis strong. up nice here while my mtge underperformed pretty much everthing today on a day i would have thought to be strong w/ move upwards towards ex date????. odd