ATLANTA, Sept. 15, 2017 /PRNewswire/ -- Invesco Mortgage
Capital Inc. (NYSE: IVR) today announced that its Board of
Directors declared quarterly dividends on shares of its common
stock and Series A, Series B and Series C preferred stock. The
Company estimates its total assets increased as of August 31, 2017 to $18.5
billion from $16.7 billion at
June 30, 2017 and that leverage was
5.8x as of August 31, 2017 vs. 5.9x
at June 30, 2017.
In August, the Company completed a public offering of 11,500,000
shares of its 7.5% Fixed-to-Floating Series C Preferred Stock at
the price of $25.00 per share. Total
proceeds were $287.5 million before
issuance costs of approximately $9.4
million.
Common Stock Dividend
The Company's Board of Directors declared a cash dividend of
$0.41 per share of common stock for
the third quarter of 2017. The dividend will be paid on
October 26, 2017 to stockholders of
record on September 27, 2017, with an
ex-dividend date of September 26,
2017.
Series A Preferred Stock Dividend
The Board of Directors declared a quarterly cash dividend on its
7.75% Series A Preferred Stock of $0.4844 per share. The dividend will be paid
on October 25, 2017 to stockholders
of record on October 1, 2017, with an
ex-dividend date of September 28,
2017.
Series B Preferred Stock Dividend
The Board of Directors also declared a quarterly cash dividend
on its 7.75% Fixed-to-Floating Series B Preferred Stock of
$0.4844 per share. The dividend
will be paid on December 27, 2017 to
stockholders of record on December 5,
2017, with an ex-dividend date of December 4, 2017.
Series C Preferred Stock Dividend
The Board of Directors also declared a cash dividend on its
7.50% Fixed-to-Floating Series C Preferred Stock covering the
period from date of issuance to, but not including, December 27, 2017, of $0.68229 per share. The dividend will be paid on
December 27, 2017 to stockholders of
record on December 5, 2017, with an
ex-dividend date of December 4,
2017.
About Invesco Mortgage Capital Inc.
Invesco Mortgage
Capital Inc. is a real estate investment trust that focuses on
investing in, financing and managing residential and commercial
mortgage-backed securities and mortgage loans. Invesco Mortgage
Capital Inc. is externally managed and advised by Invesco Advisers,
Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), a leading
independent global investment management firm. Additional
information is available at www.invescomortgagecapital.com.
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SOURCE Invesco Mortgage Capital Inc.