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.
View original content with multimedia:http://www.prnewswire.com/news-releases/invesco-mortgage-capital-inc-announces-quarterly-common-and-preferred-stock-dividends-and-increase-in-total-assets-to-185-billion-as-of-august-31-2017-300520307.html
SOURCE Invesco Mortgage Capital Inc.