Stock Message Boards
Dividend Channel
Market News Video Dividend Detective The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Western Asset Mortgage Capital Breaks Above 200-Day Moving Average - Bullish for WMC
Tuesday, October 21, 4:30 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Western Asset Mortgage Capital Corp (WMC) crossed above their ...

iShares Mortgage Real Estate Capped ETF -- Insider Buying Index Registering 28.0%
Tuesday, November 18, 9:37 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the iShares Mortgage Real Estate Capped ETF ...

Interesting WMC Put Options For July 2015
Tuesday, December 2, 10:49 AM ET, by Market News Video Staff

Investors in Western Asset Mortgage Capital Corp (WMC) saw new options begin trading this week, ...

Top Buys by Directors: James's $347.2K Bet on WMC
Friday, December 5, 3:07 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

Short Interest In Western Asset Mortgage Capital Increases 16.7%
Thursday, December 11, 4:04 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 11/28/2014 ...

  More articles:  1 2 3 4 5 6 7 next »

Dividend Channel Identifies Oversold Conditions For Top 10th Percentile Ranked Dividend Stock WMC

By Dividend Channel Staff, Thursday, November 8, 5:25 PM ET
Play Video: Learn About The RSI

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics strong fundamentals and a valuation that looks inexpensive. Western Asset Mortgage Capital Corp (NYSE:WMC) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

But making Western Asset Mortgage Capital Corp an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of WMC entered into oversold territory, changing hands as low as $19.91 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Western Asset Mortgage Capital Corp, the RSI reading has hit 30.0 by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 41.9. A falling stock price all else being equal creates a better opportunity for dividend investors to capture a higher yield. Indeed, WMC's recent annualized dividend of 3.40/share (currently paid in quarterly installments) works out to an annual yield of 16.57% based upon the recent $20.53 share price.

A bullish investor could look at WMC's 30.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on WMC is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.

Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.

This Article's Word Cloud:   Asset   Capital   Channel   Corp   Definition   Dividend   Importance   Index   Mortgage   Rate   Relative   Strength   Western   afterLeftLabels   always   below   better   bullish   changing   chartBackgroundColor   clientId   coverage   currently   dividend   escape   fillColor   formula   heavy   history   inexpensive   interesting   investors   judging   look   most   movingAverages   oversold   period   price   reading   recent   share   stock   stocks   technical   territory   that   universe   which   yield

Dividend Channel Identifies Oversold Conditions For Top 10th Percentile Ranked Dividend Stock WMC | | Copyright © 2010 - 2015, All Rights Reserved

Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.