Invesco Mortgage Capital 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued 8/9/2017
Shares Issued 10,000,000 Overallotment Shares 1,500,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol IVR-C OTC Temp Ticker IVSOP
Market Traded ON NYSE
Dividend Payment Paid on the 27th of March, June, September and December beginning on 12/27/2017
Quarterly Dividend .469 Annual Dividend 1.875
Dividends will float after 9/27/2027 at a rate of 3 month libor plus 5.289%
Securities may be redeemed, at the issuers option, as early as 9/27/2027 the call price is $25 plus accrued dividends
Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)
Maturity Date None
Company Investor Relations Page for Invesco Mortgage
Click here to find the offering Prospectus and/or Final Pricing Document
Connect with Tim McPartland