Capstead Mortgage Corporation (CMO): Nice to see it in a sea of mREITS that h...

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Capstead Mortgage Corporation (CMO)

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Thursday, 03/14/2013 9:06:36 AM

Thursday, March 14, 2013 9:06:36 AM

Nice to see it in a sea of mREITS that have cut divies: 7:43 AM You're not seeing a lot of mortgage REITs hike dividends, but Capstead Mortgage (CMO) delivers one, raising its Q1 payout to $0.31 from $0.30 last quarter. At last night's close of $12.78, the stock trades 5.9% below book value.

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