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.
Practice your dividend trading strategies and win cash in our stock game.
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. See our dividend calendar or top-yielding stocks list.