Invesco Mortgage Capital Inc. (NYSE:IVR – Get Free Report) declared a quarterly dividend on Tuesday, March 25th, RTT News reports. Shareholders of record on Monday, April 7th will be given a dividend of 0.34 per share by the real estate investment trust on Friday, April 25th. This represents a $1.36 annualized dividend and a yield of 18.64%. The ex-dividend date is Monday, April 7th.
Invesco Mortgage Capital has a payout ratio of 58.1% indicating that its dividend is sufficiently covered by earnings.
Invesco Mortgage Capital Trading Down 7.4 %
Shares of Invesco Mortgage Capital stock opened at $7.30 on Friday. The company has a 50 day moving average of $8.51 and a 200-day moving average of $8.44. The company has a market cap of $476.17 million, a PE ratio of 11.22 and a beta of 1.93. Invesco Mortgage Capital has a 1-year low of $7.14 and a 1-year high of $9.97.
Analysts Set New Price Targets
Separately, JMP Securities reissued a “market perform” rating on shares of Invesco Mortgage Capital in a research note on Thursday, January 23rd.
Read Our Latest Research Report on IVR
Invesco Mortgage Capital Company Profile
Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.
Recommended Stories
- Five stocks we like better than Invesco Mortgage Capital
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Conagra Stock Could Thrive as Tariffs Hit Other Sectors
- Industrial Products Stocks Investing
- Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds
- Golden Cross Stocks: Pattern, Examples and Charts
- Spotify Stock Eyes Double-Digit UpsideāIs Now the Time to Buy?
Receive News & Ratings for Invesco Mortgage Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Mortgage Capital and related companies with MarketBeat.com's FREE daily email newsletter.