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Invesco Mortgage Capital Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 12/28/18, Invesco Mortgage Capital Inc's 7.75% Series A Cumulative Redeemable Preferred Stock (Symbol: IVR.PRA) will trade ex-dividend, for its quarterly dividend of $0.4844, payable on 1/25/19. As a percentage of IVR.PRA's recent share price of $24.51, this dividend works out to approximately 1.98%, so look for shares of IVR.PRA to trade 1.98% lower - all else being equal - when IVR.PRA shares open for trading on 12/28/18. On an annualized basis, the current yield is approximately 7.96%, which compares to an average yield of 7.73% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of IVR.PRA shares, versus IVR:

Performance Comparison Chart

Below is a dividend history chart for IVR.PRA, showing historical dividends prior to the most recent $0.4844 on Invesco Mortgage Capital Inc's 7.75% Series A Cumulative Redeemable Preferred Stock :

IVR.PRA+Dividend+History+Chart

In Wednesday trading, Invesco Mortgage Capital Inc's 7.75% Series A Cumulative Redeemable Preferred Stock (Symbol: IVR.PRA) is currently up about 0.7% on the day, while the common shares (Symbol: IVR) are up about 3.4%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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