Invesco Mortgage Capital Inc. (Symbol: IVR) has been named as a
Top 10 Real Estate Investment Trust (REIT), according to
, which published its most recent
report. The report noted that among REITs, IVR shares displayed
both attractive valuation metrics and strong profitability metrics.
For example, the recent IVR share price of $17.34 represents a
price-to-book ratio of 1.0 and an annual dividend yield of 11.54% -
by comparison, the average stock in Dividend Channel's coverage
universe yields 3.5% and trades at a price-to-book ratio of 2.1.
The report also cited the strong quarterly dividend history at
Invesco Mortgage Capital Inc., and favorable long-term multi-year
growth rates in key fundamental data points.
The report stated, ''
Dividend investors approaching investing from a value
standpoint are generally most interested in researching the
strongest most profitable companies, that also happen to be trading
at an attractive valuation. That's what we aim to find using our
proprietary DividendRank formula, which ranks the coverage universe
based upon our various criteria for both profitability and
valuation, to generate a list of the top most 'interesting' stocks,
meant for investors as a source of ideas that merit further
REITs hold a special place in the hearts of dividend investors,
because they must distribute at least 90% of their taxable income
each year to shareholders as dividends. While this can make for a
high dividend yield, it also introduces some volatility and
uncertainty into the level of payments from year to year - huge
dividend payouts are common when a REIT turns large profits, versus
smaller payouts or even periods of no dividends in times of losses.
The current annualized dividend paid by Invesco Mortgage Capital
Inc. is $2.00/share, currently paid in quarterly installments, and
its most recent dividend has an upcoming ex-date of 03/27/2014.
Below is a long-term dividend history chart for IVR, which the
report stressed as being of key importance. Indeed, studying a
can be of good help in judging whether the most recent dividend is
likely to continue.
10 Top Ranked High Yield REITs »