Invesco Mortgage Capital Dividend Announcement

By Chris Stiles • Saturday, March 14 08:11 • Permanent Link

Invesco Mortgage Capital Inc. (NYSE: IVR) has announced a cash dividend of $0.12 per share of common stock for March 2026, payable on April 14, 2026, to stockholders of record as of March 24, 2026. The company also provided a financial update as of February 28, 2026.

As of February 28, 2026, Invesco Mortgage Capital Inc. reported a total investment portfolio, including TBAs, of $7.3 billion. The unrestricted cash and unencumbered investments amounted to $530.5 million. The estimated book value per common share was $8.54, with a debt-to-equity ratio of 6.0x and an economic debt-to-equity ratio of 7.3x.

The investment portfolio composition as of February 28, 2026, revealed that the total 30-year fixed-rate pass-through agency RMBS accounted for 70.0% of the portfolio, with a weighted average yield of 5.42%. Additionally, the total MBS portfolio, including agency CMOs and agency CMBS, amounted to 83.1% of the total investment portfolio.

Regarding borrowings, the company had total repurchase agreement borrowings of $5.4 billion as of February 28, 2026, with a weighted average interest rate of 3.80% and a remaining maturity of 24 days.

In terms of interest rate swaps, the company had notional amounts totaling $4,115,000 as of February 28, 2026, with weighted average fixed pay rates ranging from 0.54% to 3.99% and weighted average floating receive rates of 3.68%.

Furthermore, the company held U.S. Treasury futures contracts with a total notional amount of $480,000 as of February 28, 2026, including contracts for 10-year and 30-year U.S. Treasury futures.

Invesco Mortgage Capital Inc. also presented an economic debt-to-equity ratio, a non-GAAP financial measure, as a way to consider 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 primarily focused on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. The company is externally managed and advised by Invesco Advisers, Inc., a registered investment adviser and an indirect wholly-owned subsidiary of Invesco Ltd., an independent global investment management firm. Following these announcements, the company's shares moved 1.18%, and are now trading at a price of $9.41. Check out the company's full 8-K submission here.

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