Top Electric Utility Companies To Own For 2015

Top Electric Utility Companies To Own For 2015: Capstead Mortgage Corporation (CMO)

Capstead Mortgage Corporation operates as a self-managed real estate investment trust. It invests in leveraged portfolio of residential mortgage pass-through securities consisting of adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises or by an agency of the federal government. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1985 and is headquartered in Dallas, Texas.

Advisors' Opinion:

• [By Amanda Alix]

  Everyone got stung
  The huge drop in share price, along with the unusually heavy trading volume, smacked of investor panic. Adjustable-rate mortgage investors like Capstead (NYSE: CMO  ) , which reported earnings on Thursday, also took a dive. Even players in the 30-year mortgage market, such as American Capital Agency (NASDAQ: AGNC  ) and Annaly (NYSE: NLY  ) got dinged, right along with the ARM crowd.

• [By Alyssa Oursler]

  Of course, we have to start with a real estate investment trust (REIT). One of the best REITs right now looks to beCapstead Mortgage Corp.(CMO); it’s gained 9% so far this year as its similarly sized peers all sit in the red.

• [By Rich Duprey]

  Agency mortgage real estate investment trustCapstead Mortgage (NYSE: CMO  ) announced this morningits second-quarter dividend of $0.31per share, the same rate it paid last quarter.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-electric-utility-companies-to-own-for-2015.html