IVR-B Invesco Mortgage 7.75% Cumulative Fixed To Floating Rate Preferred Series B

From, and including, the date of issuance to, but excluding, December 27, 2024, we will pay cumulative dividends on the Series B Preferred Stock at an initial rate of 7.75% per annum based on the $25.00 per share liquidation preference, or $1.9375 per share. From, and including, December 27, 2024 and thereafter, we will pay cumulative dividends on the Series B Preferred Stock at a floating rate equal to three-month LIBOR (as defined herein) as calculated on each applicable date of determination plus a spread of 5.18% per annum based on the $25.00 per share liquidation preference. We will pay quarterly cumulative dividends on the Series B Preferred Stock, in arrears, on the 27th day of each March, June, September and December. The first dividend on the Series B Preferred Stock sold in this offering will be payable on December 27, 2014 and will be for more than a full quarter, covering the period from, and including, the date of issuance through but excluding December 27, 2014, or $0.57049 per share. On or after December 27, 2024, we may, at our option, redeem any or all of the shares of the Series B Preferred Stock at $25.00 per share plus any accumulated and unpaid dividends to, but not including, the redemption date.   This security was issued by Invesco Mortgage Capital , whose common stock symbol is IVR.

$25.40  +0.13 (0.51%)
As of 10/27/2021 13:30:33 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REIT—Mortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  09/08/2014
Outstanding shares:  6,200,000
Average volume:  8,070
Market cap:   $157,108,000
Current dividend yield:  7.65%    calculation
Initial coupon rate:    7.750%
Spread to LIBOR: 0.051800
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   12/27/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    46131B407
ISIN:        US46131B4077
Sedol:      BQRNFJ7

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