This morning, Capstead Mortgage (NYSE:CMO) declared its quarterly dividend of 44 cents per share, a decrease of about 8% from its prior dividend. Based on the current stock price, investors can expect a yield of about 13.6% going forward.
Shares of CMO were higher on Tuesday, picking up 0.9% today.
In other dividend news, Mead Johnson Nutrition (NYSE:MJN) maintained its quarterly dividend of 26 cents per share. Paccar (NASDAQ:PCAR) maintained its quarterly dividend of 18 cents per share. Sempra Energy (NYSE:SRE) maintained its quarterly dividend of 48 cents per share. And Steel Dynamics (NASDAQ:STLD) maintained its quarterly dividend of 10 cents per share.
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