Invesco Mortgage Capital's Series B Preferred Stock Yield Pushes Past 8%
May 06, 2015 at 14:17 PM EDT
In trading on Wednesday, shares of Invesco Mortgage Capital Inc.'s 7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock (IVR. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $24.21 on the day.