Invesco Mortgage Capital's Series B Preferred Stock Shares Cross 8% Yield Mark
December 01, 2016 at 14:06 PM EST
In trading on Thursday, 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 $23.91 on the day.