IVR-C Invesco Mortgage 7.5% Fixed-to-Floating Series C Cumulative Preferred

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 (as defined herein) 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 (provided that if any dividend payment date is not a business day, then the dividend which would otherwise have been payable on that dividend payment date may be paid on the next succeeding business day). 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.

$25.44  -0.20 (-0.78%)
As of 10/20/2021 16:00:02 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:  08/10/2017
Outstanding shares:  11,500,000
Average volume:  10,441
Market cap:   $294,860,000
Current dividend yield:  7.31%    calculation
Initial coupon rate:    7.500%
Spread to LIBOR: 0.051800
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   09/27/2027
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:    46131B506
ISIN:        US46131B5066
Sedol:      BZ0CHS7

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