2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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DALLAS - Capstead Mortgage Corp. said Monday it will pay a regular monthly dividend of 10.5 cents per share on its $1.26 cumulative convertible preferred stock, Series B.
| CMO | 9.8 |  -0.73 |
The real estate investment trust said the dividend is payable Aug. 29 to preferred stockholders of record as of Aug. 18.
Capstead also announced new conversion ratios for its preferred stocks.
Effective June 30, each Series B preferred share is convertible into 0.6025 shares of common stock. Effective July 1, each Series A preferred share is convertible into 1.5629 shares of common stock.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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