Invesco Mortgage Capital Inc. (NYSE:IVR - Get Free Report) announced a quarterly dividend on Tuesday, March 25th, RTT News reports. Shareholders of record on Monday, April 7th will be paid a dividend of 0.34 per share by the real estate investment trust on Friday, April 25th. This represents a $1.36 annualized dividend and a yield of 17.16%. The ex-dividend date of this dividend is Monday, April 7th.
Invesco Mortgage Capital has a payout ratio of 58.1% indicating that its dividend is sufficiently covered by earnings.
Invesco Mortgage Capital Price Performance
Shares of NYSE:IVR traded down $0.25 during trading on Friday, hitting $7.93. The company had a trading volume of 2,910,696 shares, compared to its average volume of 1,279,766. The stock has a market cap of $517.29 million, a price-to-earnings ratio of 12.19 and a beta of 1.93. The company has a fifty day simple moving average of $8.54 and a two-hundred day simple moving average of $8.48. Invesco Mortgage Capital has a one year low of $7.48 and a one year high of $9.97.
Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.21). Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%. The firm had revenue of $13.68 million for the quarter, compared to analysts' expectations of $50.18 million. On average, equities research analysts anticipate that Invesco Mortgage Capital will post 2.49 earnings per share for the current year.
Analysts Set New Price Targets
Separately, JMP Securities reiterated a "market perform" rating on shares of Invesco Mortgage Capital in a report on Thursday, January 23rd.
View Our Latest Report on IVR
About Invesco Mortgage Capital
(
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Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.
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