Capstead Mortgage (CMO) Tops Q4 EPS by 4c
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Capstead Mortgage Corporation Announces Fourth Quarter 2019 Results
January 29, 2020 4:30 PM ESTDALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (Capstead or the Company) (NYSE: CMO) today announced financial results for the quarter ended December 31, 2019.
Fourth Quarter 2019 Summary
Recognized GAAP net income of $32.7 million or $0.29 per diluted common share Generated core earnings of $19.1 million or $0.15 per diluted common share Increased fourth quarter dividend by 25% to $0.15 per common share Book value per common share increased $0.02 to $8.62 per common share Agency-guaranteed residential adjustable-rate mortgage (ARM) portfolio and leverage ended the quarter relatively unchanged at $11.22 billion and 8.77... More