Invesco Mortgage Capital's Series B Preferred Stock Yield Pushes Past 9.5%
February 08, 2016 at 14:21 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 9.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $19.76 on the day.