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Capstead Mortgage Corporation Declares Third Quarter 2021 Common Dividend of $0 0725 Per Share and Series E Preferred Dividend of $0 46875 Per Share
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Capstead Mortgage Corporation Declares Third Quarter 2021 Common Dividend of $0 0725 Per Share and Series E Preferred Dividend of $0 46875 Per Share
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The Estate Cos sell Soleste Blue Lagoon apartments to Westdale - South Florida Business Journal
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10 Russell 2000 Stocks with High Dividend Yields
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Benefit Street Partners Realty Trust, a private but publicly listed company, plans to acquire Capstead Mortgage Corp. in a deal that would make the combined entity the fourth largest commercial real estate investment trust with nearly $2 billion in equity.
Capstead’s common stockholders will receive a cash payment equal to a 15.75% premium to its diluted book value per share. In addition, they will receive shares of BSPRT common stock calculated on an adjusted book-for-book basis on a yet-to-be determined date proof to the deal’s closing. (Companies’ book values reflect their assets minus certain liabilities.) The move initially gave a slight lift to Capstead’s publicly-traded stock, which was up at $6.53 per share Monday afternoon, as compared from $6.41 when the market opened.