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Capstead Mortgage (CMO) Declares $0.23 Quarterly Dividend; 9.4% Yield

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Capstead Mortgage Corporation Declares a $0.23 Per Share Third Quarter 2016 Common Dividend and a $0.46875 Per Share Third Quarter 2016 Series E Preferred Stock Dividend

September 15, 2016 6:45 AM EDT

DALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (NYSE: CMO) announced today that it will pay a third quarter 2016 common dividend of $0.23 per common share on October 20, 2016 to stockholders of record as of September 30, 2016.

Capsteads Board of Directors also declared a third quarter 2016 dividend of $0.46875 per share on the Companys 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE:... More