CAPITAL TRANSACTIONS

3 Months Ended

Mar. 31, 2017

Equity Abstract

CAPITAL TRANSACTIONS

NOTE 8 — Capital transactions

During the quarter ended March 31, 2017, Capstead issued an additional 12,000 shares of its 7.50% Series E Cumulative Redeemable Preferred Stock through an at-the-market continuous offering program at an average price of $24.44, net of underwriting fees and other costs, for net proceeds of $296,000.  An additional 44,000 shares were issued subsequent to quarter-end through May 1, 2017, generating net proceeds of $1.1 million.