Capstead Mortgage Co. (NYSE:CMO) Plans Quarterly Dividend of $0.15

Capstead Mortgage Co. (NYSE:CMO) declared a quarterly dividend on Thursday, June 10th, Zacks reports. Stockholders of record on Wednesday, June 30th will be paid a dividend of 0.15 per share by the real estate investment trust on Tuesday, July 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date is Tuesday, June 29th.

Shares of CMO opened at $6.75 on Friday. The company has a current ratio of 22.97, a quick ratio of 22.97 and a debt-to-equity ratio of 10.58. The stock has a market capitalization of $653.72 million, a price-to-earnings ratio of 8.65 and a beta of 1.53. The business’s 50 day simple moving average is $6.46. Capstead Mortgage has a 12-month low of $5.06 and a 12-month high of $6.88.

Capstead Mortgage (NYSE:CMO) last announced its earnings results on Wednesday, April 28th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). Capstead Mortgage had a return on equity of 11.95% and a net margin of 65.60%. As a group, analysts expect that Capstead Mortgage will post 0.57 earnings per share for the current fiscal year.

Separately, Zacks Investment Research raised Capstead Mortgage from a “sell” rating to a “hold” rating in a report on Wednesday, March 31st.

About Capstead Mortgage

Capstead Mortgage Corporation operates as a real estate investment trust (REIT) in the United States. It invests in a portfolio of residential mortgage pass-through securities primarily consisting of short-duration adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.

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Dividend History for Capstead Mortgage (NYSE:CMO)

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