Invesco Mortgage Capital's Series C Preferred Stock Yield Pushes Past 9%
September 03, 2020 at 14:55 PM EDT
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 9% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $20.75 on the day.