Invesco Mortgage Capital's Series B Preferred Stock Shares Cross 9% Yield Mark
June 09, 2020 at 14:06 PM EDT
In trading on Tuesday, 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% mark based on its quarterly dividend (annualized to $1.9376), with shares changing hands as low as $20.71 on the day.