Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Two Harbors Investment Enters Oversold Territory
Tuesday, October 4, 4:01 PM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Analysts Expect 10% Gains Ahead For MORT
Wednesday, October 5, 9:22 AM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
CYS Investments (CYS) Passes Through 12% Yield Mark
Wednesday, October 5, 3:11 PM ET, by Market News Video Staff
In trading on Wednesday, shares of CYS Investments, Inc. (CYS) were yielding above the 12% ...
MFA Financial Breaks Below 200-Day Moving Average - Notable for MFA
Thursday, October 6, 11:14 AM ET, by Market News Video Staff
In trading on Thursday, shares of MFA Financial, Inc. (MFA) crossed below their 200 day ...
RSO Makes Notable Cross Below Critical Moving Average
Thursday, October 6, 11:26 AM ET, by Market News Video Staff
In trading on Thursday, shares of Resource Capital Corp (RSO) crossed below their 200 day ...
Top Buys by Directors: Mahowald's $478K Bet on CMO
By Dividend Channel Staff, Tuesday, January 31, 11:48 AM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $478K by Christopher W. Mahowald, Director at Capstead Mortgage Corp. (NYSE:CMO).
Mahowald bets big on CMO:
||Christopher W. Mahowald
Mahowald's average cost works out to $11.95/share. Shares of Capstead Mortgage Corp. were changing hands at $12.93 at last check, trading up about 0.3% on Tuesday. The chart below shows the one year performance of CMO shares, versus its 200 day moving average:
Looking at the chart above, CMO's low point in its 52 week range is $10.00 per share, with $13.95 as the 52 week high point — that compares with a last trade of $12.93.
The current annualized dividend paid by Capstead Mortgage Corp. is $1.72/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/28/2011. Below is a long-term dividend history chart for CMO, which can be of good help in judging whether the most recent dividend with approx. 13.3% annualized yield is likely to continue.
According to the ETF Finder at ETF Channel, CMO makes up 4.32% of the Mortgage REIT Income ETF (AMEX:MORT) which is trading higher by about 0.3% on the day Tuesday.
See what other ETFs contain CMO »
See what other stocks are held by MORT »
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud: