BENEFIT STREET PARTNERS REALTY TRUST

Capstead Mortgage Corporation Declares Interim Common Dividend of $0.014 Per Share

Retrieved on: 
Thursday, October 7, 2021

Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared an interim dividend of $0.014 per common share.

Key Points: 
  • Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared an interim dividend of $0.014 per common share.
  • The dividend is payable on October 18, 2021 to common stockholders of record as of October 13, 2021.
  • Under the Merger Agreement, the common stockholders of Capstead are entitled to receive a partial payment of the current quarters dividend prior to the anticipated closing date of the Merger.
  • Under the Merger Agreement, BSPRT is also required to distribute a similar partial payment dividend to its common stockholders of record.

Benefit Street Partners Realty Trust Declares Third Quarter 2021 Common Dividend of $0.355 Per Share

Retrieved on: 
Wednesday, September 29, 2021

Benefit Street Partners Realty Trust, Inc (BSPRT or the Company) announced that its Board of Directors has declared a third quarter 2021 common dividend of $0.355 per common share.

Key Points: 
  • Benefit Street Partners Realty Trust, Inc (BSPRT or the Company) announced that its Board of Directors has declared a third quarter 2021 common dividend of $0.355 per common share.
  • The dividend is payable on or about October 1, 2021 to common stockholders of record as of September 30, 2021.
  • Benefit Street Partners Realty Trust, Inc. (BSPRT) is a publicly-registered, private real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.
  • Benefit Street Partners L.L.C (BSP) is a leading credit-focused alternative asset management firm with over $34 billion in assets under management as of July 31, 2021.

Capstead Mortgage Corporation Declares Third Quarter 2021 Common Dividend of $0.0725 Per Share and Series E Preferred Dividend of $0.46875 Per Share

Retrieved on: 
Thursday, September 16, 2021

Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared a third quarter 2021 common dividend of $0.0725 per common share.

Key Points: 
  • Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared a third quarter 2021 common dividend of $0.0725 per common share.
  • The dividend is payable on October 15, 2021 to common stockholders of record as of September 30, 2021.
  • Capsteads Board of Directors also declared a third quarter 2021 dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE: CMOPRE ).
  • This dividend is payable on October 15, 2021 to Series E preferred stockholders of record as of September 30, 2021.

Benefit Street Partners Realty Trust and Capstead Mortgage Corporation to Merge

Retrieved on: 
Monday, July 26, 2021

Benefit Street Partners Realty Trust, Inc. (BSPRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced they have entered into a definitive merger agreement.

Key Points: 
  • Benefit Street Partners Realty Trust, Inc. (BSPRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced they have entered into a definitive merger agreement.
  • The combined company, to be called Franklin BSP Realty Trust post-close, will transition the capital base of Capstead, a residential mortgage REIT, into commercial mortgage loans where BSPRT is focused.
  • Franklin BSP Realty Trust will be the 4th largest commercial mortgage REIT with nearly $2 billion of pro forma equity.
  • Benefit Street Partners Realty Trust, Inc. (BSPRT) is a publicly-registered, private real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.