Capstead Mortgage Corp.
Market cap: $1.2 billion
Dividend yield: 9.9%
Of course, we have to start with a real estate investment trust (REIT). One of the best REITs right now looks to be Capstead Mortgage Corp. (CMO); it’s gained 9% so far this year as its similarly sized peers all sit in the red.
This dividend stock has been steady, even if its payments haven’t been marching upward. Of course, a downward trend is to be expected when you consider that earnings fell by around 10% per year over the past half-decade.
The good news, though, is that the current 31-cent quarterly payout is slightly higher than the previous 30-cent quarterly payout, and is good for a yield just under 10%.
Plus, the company’s earnings are expected to regain some ground in the coming years. Five-year annualized growth is estimated to be in the double digits.