Capstead Mortgage (CMO) Tops Q2 EPS by 3c
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Capstead Mortgage Corporation Announces Second Quarter 2020 Results
July 29, 2020 4:30 PM EDTDALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (Capstead or the Company) (NYSE: CMO) today announced financial results for the quarter ended June 30, 2020.
Second Quarter 2020 Summary
Recognized GAAP net income of $22.7 million or $0.19 per diluted common share Generated core earnings of $21.9 million or $0.18 per diluted common share, representing a 2.7% return on common equity capital (10.8% annualized) Generated economic return of 14.3% Paid a second quarter dividend of $0.15 per common share, unchanged from the previous two quarters Book value per common share increased $0.72 or 11.9% to $6.79 per... More