Capstead Mortgage holds dividend steady

|About: Capstead Mortgage Corpor... (CMO)|By:, SA News Editor

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.