Showing posts with label CMO. Show all posts
Showing posts with label CMO. Show all posts

August 1, 2011

How well will these 10%+ dividend payers weather the debt crisis?

My entire portfolio is high dividend stocks right now. I don't have the time to second guess the Russian Roulette being played by Republicans in congress who would rather destroy the worlds largest economy than pay more taxes, and as a result the market is simply too volatile for my usual style of swing trades to work.

Here is the breakdown of my current dividend only Portfolio

CMO (finance) - currently paying 14.5% 
NLY  (finance) - currently paying 14.87%
AGD - (Global Dividend Fund) - currently paying 10.17%
AOD - (Global Dividend Fund) - currently paying  11.32%
CPLP - (Supertankers) - currently paying 11.44% 

My income portfolio is fairly diversified, but did get hammered in the last week, so I was glad to see the recovery today. Look at this graph of the bounce back from the last weeks vicious drop.

December 17, 2010

Capstead Mortgage (CMO) Declares $0.39 Quarterly Dividend; 13.1% Yield

December 9, 2010 4:28 PM EST 

Capstead Mortgage Corporation (NYSE: CMO) announced today that it will pay a fourth quarter 2010 dividend of $0.39 per common share, $1.56 annualized.


The dividend is payable on January 20, 2011 to stockholders of record as of December 31, 2010. The ex-dividend date is December 29, 2010.


The yield is 13.1%

October 11, 2010

CMO announces dividend of 0.26 per share, but drops below my 10% threashold

CMO's dividend has dropped below my 10% threshold for holding dividend stocks. I'll be looking for a profitable exit point for this stock as my holding is currently at loss. 9.45% is OK, but we try to do better!

AGNC has proven much more profitable mortgage stock to either trade or hold for it's nearly 20% dividend.

You can see the decline in the dividend below or see previous post.

FIDSX 5.2% in 31 days