Invesco Mortgage Capital Declares $0.12 Dividend

By Chris Stiles • Monday, February 16 15:33 • Permanent Link

Invesco Mortgage Capital Inc. has declared a cash dividend of $0.12 per share of common stock for February 2026, to be paid on March 13, 2026. The company's total investment portfolio, including TBAs, stands at $7.1 billion, with unrestricted cash and unencumbered investments amounting to $510.7 million. The estimated book value per common share as of January 31, 2026, is $8.91.

As of January 31, 2026, the company's total repurchase agreement borrowings amount to $5.4 billion, with a debt-to-equity ratio of 6.1x and an economic debt-to-equity ratio of 7.1x.

The investment portfolio composition as of January 31, 2026, reveals that the agency RMBS 30-year fixed-rate pass-through with a 5.5% coupon constitutes the largest percentage of the portfolio at 23.2%, with a weighted average yield of 5.50%. The total MBS portfolio amounts to $6,125,058, representing 86.4% of the total investment portfolio, with TBAs at implied market value totaling $963,739, constituting 13.6%.

Furthermore, the company's borrowings as of January 31, 2026, amount to $5,404,619 in repurchase agreements for agency MBS, with a weighted average interest rate of 3.83% and a weighted average remaining maturity of 23 days.

The company's interest rate swaps as of January 31, 2026, total $4,225,000, with a weighted average fixed pay rate ranging from 0.70% to 3.92% and a weighted average floating receive rate of 3.68%.

The company's U.S. Treasury futures contracts as of January 31, 2026, amount to $1,000,000.

In terms of leverage, the company presents an economic debt-to-equity ratio of 7.1x, considering the impact of off-balance sheet financing of its investments in TBAs that are accounted for as derivative instruments under U.S. GAAP.

Invesco Mortgage Capital Inc. is a real estate investment trust focused on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. It is externally managed and advised by Invesco Advisers, Inc., a registered investment adviser and an indirect wholly-owned subsidiary of Invesco Ltd. Following these announcements, the company's shares moved 1.18%, and are now trading at a price of $9.41. For the full picture, make sure to review Invesco Mortgage Capital's 8-K report.

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