Invesco Mortgage Capital's Series B Preferred Stock Crosses Above 8% Yield Territory
May 27, 2016 at 15:14 PM EDT
In trading on Friday, 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 $24.05 on the day.