UPDATE: Capstead Mortgage (CMO) Reduces Quarterly Dividend to $0.26; 10.2% Yield

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Capstead Mortgage Corporation Declares a $0.26 Per Share Third Quarter 2015 Common Dividend and a $0.46875 Per Share Third Quarter 2015 Series E Preferred Stock Dividend

September 10, 2015 7:30 AM EDT

DALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (NYSE: CMO) announced today that it will pay a third quarter 2015 common dividend of $0.26 per common share on October 20, 2015 to stockholders of record as of September 30, 2015.

Capsteads Board of Directors also declared a third quarter 2015 dividend of $0.46875 per share on the Companys 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE: CMOPRE). This dividend is payable on October 15, 2015, to... More