Invesco Mortgage Capital's Series B Preferred Stock Crosses Above 7.5% Yield Territory
June 04, 2018 at 14:06 PM EDT
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 7.5% mark based on its quarterly dividend (annualized to $1.9376), with shares changing hands as low as $25.54 on the day.