Invesco Mortgage Capital declares common and preferred stock dividends for Q4 2017.
M2 EQUITYBITES-December 15, 2017-Invesco Mortgage Capital declares common and preferred stock dividends for Q4 2017
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The board of directors of Invesco Mortgage Capital Inc (NYSE:IVR) authorised common stock dividend of USD0.42 per share for the fourth quarter of 2017, the company declared on Thursday.
With an ex-dividend date of 22 December 2017, the dividend will be paid on 26 January 2018 to stockholders of record date as on 26 December 2017.
Also, the board approved quarterly cash dividends of USD0.4844 per share on the company's 7.75% series A preferred stock, which will be paid on 25 January 2018 to stockholders of record date as on 1 January 2018 and the ex-dividend date is 28 December 2017.
In addition, the board earlier authorised fourth quarter dividends of USD0.4844 and USD0.68229 per share on the company's 7.75% fixed-to-floating series B and 7.50% fixed-to-floating series C preferred stock, respectively. These dividends will be paid on 27 December 2017 to stockholders of record date on 5 December 2017.
A real estate investment trust, Invesco Mortgage invests in, finances and manages residential and commercial mortgage-backed securities and mortgage loans. It is externally managed and advised by a subsidiary of Invesco Ltd (NYSE:IVZ), Invesco Advisers Inc.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Dec 15, 2017|
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