Capstead Stock To Go Ex-dividend Tomorrow (CMO)

NEW YORK ( TheStreet) -- The ex-dividend date for Capstead Mortgage Corporation (NYSE: CMO) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $13.52 as of 9:35 a.m. ET, the dividend yield is 12.8%.

The average volume for Capstead has been 856,600 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 8.7% year to date as of the close of trading on Monday.

Capstead Mortgage Corporation, together with its subsidiaries, operates as a self-managed real estate investment trust in Dallas, Texas. The company has a P/E ratio of 7.7, above the average real estate industry P/E ratio of 7.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Capstead as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Capstead Ratings Report.

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