Capstead Mortgage holds dividend steady


Capstead Mortgage (CMO) holds its quarterly dividend steady at $0.31 per share. This payout is to holders of record on Dec. 31 and payable on Jan. 20.

Core earnings in Q3 were $0.23 per share and the yesterday's close of $11.99 puts the stock at a relatively lean (for the mREIT sector at the moment) 2.9% discount to September 30 book value.

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Comments (1)
  • MobilePreacher
    , contributor
    Comments (603) | Send Message
     
    good news... now as long as management did a good job managing the pre-pay risk, the quarter should be a good one.
    12 Dec 2013, 07:45 AM Reply Like
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