Invesco Mortgage Capital's Series B Preferred Stock Shares Cross 8.5% Yield Mark
December 22, 2014 at 14:09 PM EST
In trading on Monday, 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 $1.9375), with shares changing hands as low as $22.76 on the day.