Invesco Mortgage Capital Inc (NYSE:IVR) Declares Quarterly Dividend of $0.36

Invesco Mortgage Capital Inc (NYSE:IVR) declared a quarterly dividend on Thursday, December 18th. Stockholders of record on Monday, December 29th will be paid a dividend of 0.36 per share by the real estate investment trust on Friday, January 23rd. This represents a c) annualized dividend and a dividend yield of 17.1%. The ex-dividend date is Monday, December 29th. This is a 5.9% increase from Invesco Mortgage Capital’s previous quarterly dividend of $0.34.

Invesco Mortgage Capital has decreased its dividend payment by an average of 0.4%per year over the last three years. Invesco Mortgage Capital has a dividend payout ratio of 65.4% indicating that its dividend is sufficiently covered by earnings.

Invesco Mortgage Capital Stock Performance

Invesco Mortgage Capital stock opened at $8.43 on Friday. The company has a market capitalization of $598.11 million, a PE ratio of 16.53 and a beta of 1.71. Invesco Mortgage Capital has a fifty-two week low of $5.86 and a fifty-two week high of $9.06. The firm has a 50 day moving average price of $7.75 and a 200 day moving average price of $7.68.

Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Invesco Mortgage Capital had a return on equity of 29.47% and a net margin of 18.16%.The business had revenue of ($22.71) million during the quarter, compared to analysts’ expectations of $45.40 million. As a group, equities research analysts forecast that Invesco Mortgage Capital will post 2.49 earnings per share for the current year.

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.