Capstead Mortgage's Series E Preferred Stock Crosses Above 7.5% Yield Territory
June 24, 2016 at 14:16 PM EDT
In trading on Friday, shares of Capstead Mortgage Corp.'s 7.50% Series E Cumulative Redeemable Preferred Stock (CMO. RE) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $24.90 on the day.
