Invesco Mortgage Capital's Series C Preferred Stock Yield Pushes Past 7%

In trading on Thursday, shares of Invesco Mortgage Capital Inc's 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock (IVR. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $26.69 on the day.