Invesco Mortgage Capital's Series B Preferred Stock Yield Pushes Past 8.5%
February 03, 2023 at 15:00 PM EST
In trading on Friday, shares of Invesco Mortgage Capital Inc's 7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock (IVR. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.9376), with shares changing hands as low as $22.50 on the day.