Invesco Mortgage Capital's Series A Preferred Stock Crosses Above 7.5% Yield Territory
October 27, 2016 at 14:07 PM EDT
In trading on Thursday, shares of Invesco Mortgage Capital Inc.'s 7.75% Series A Cumulative Redeemable Preferred Stock (IVR. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $25.75 on the day.