UWMC just came off an insane earnings report for Q4 of 2020. I think this dip back down to the low $10 range is a great opportunity to start accumulating a long position. I am very bullish on this company after seeing the type of numbers that they did in just Q4 for the future. This was the first time they reported as a publicly traded company so now they can have more access to capital if needed and will continue to grow. They also offered a .10 dividend which is amazing for a $10 or less stock. I will personally be adding on dips under $10 as I think this company has some serious long term potential and dividend growth.
* Offering a .10 dividend 4x a year.
*The dividend is payable on April 6, 2021 to stockholders of record at the close of business on March 10, 2021 .
* $1.37 billion 4Q Net Income
* $3.38 billion FY20 Net Income
* 821% and 715% increase over 4Q2019 and FY19
* Offering a .10 dividend 4x a year.
*The dividend is payable on April 6, 2021 to stockholders of record at the close of business on March 10, 2021 .
* $1.37 billion 4Q Net Income
* $3.38 billion FY20 Net Income
* 821% and 715% increase over 4Q2019 and FY19
Comment:
I added more to my share position today around 9.50 which I was expecting to see. Will add more around 9.20 and $8s if we get that low. Want to see how this one plays out. Just got done its merger and hasn't been publicly traded very long so it may need some time to get going. Remember to only invest what you can afford to lose in case we are wrong.
Comment:
Added again at $9.15. Done adding for now until we see what it wants to do.