Capstead Mortgage (CMO) Tops Q4 EPS by 2c, Approves $100M Buyback
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Capstead Mortgage Corporation Announces Fourth Quarter 2015 Results and Authorization of a $100 Million Common Stock Repurchase Program
January 27, 2016 4:30 PM ESTDALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (NYSE: CMO) (Capstead or the Company) today announced financial results for the quarter ended December 31, 2015.
Fourth Quarter 2015 Highlights
Generated earnings of $28.4Â million or $0.26 per diluted common share Paid common dividend of $0.26 per common share Book value decreased 4.5%, or $0.54 to $11.42 per common share Financing spreads on residential mortgage investments increased 16 basis points to 0.90% primarily... More