Invesco Mortgage Capital's Series C Preferred Stock Shares Cross 8% Yield Mark

IVR.PRC (Invesco Mortgage Capital 7.50% Fixed-to-Floating Series C) yielded above 8% in Thursday trading based on a quarterly dividend annualized to $1.875. The high yield reflects depressed share prices (intraday lows reported), offering elevated current income versus potential price and credit risk in mortgage REIT preferreds.

Analysis

IVR.PRC (Invesco Mortgage Capital 7.50% Fixed-to-Floating Series C) yielded above 8% in Thursday trading based on a quarterly dividend annualized to $1.875. The high yield reflects depressed share prices (intraday lows reported), offering elevated current income versus potential price and credit risk in mortgage REIT preferreds.