On the other side, $UWMC reported a 4Q20 net income of $1.37 billion and FY20 net income of $3.38 billion, an 821% and 715% increase over 4Q19 and FY19 respectively. The Board of Directors of UWMC declared its first regular quarterly dividend of $0.10 per share on the outstanding shares of Class A Common Stock.
So we can say that the company is very solid as long as the profits are very good and they declared a regular quarterly dividend.
The only problem the price is at this level is the fight against $ RKT. But as I see it all will be resolved because no one wants to ruin the business.
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