NEW YORK ( TheStreet) -- The ex-dividend date for Capstead Mortgage Corporation (NYSE: CMO) is tomorrow, June 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $13.80 as of 9:31 a.m. ET, the dividend yield is 14%.

The average volume for Capstead has been 728,400 shares per day over the past 30 days. Capstead has a market cap of $1.1 billion and is part of the financial sector and real estate industry. Shares are up 9.4% year to date as of the close of trading on Friday.

Capstead Mortgage Corporation operates as a self-managed real estate investment trust. The company has a P/E ratio of 9.6, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Capstead as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Capstead Ratings Report.

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