Welcome to our dedicated page for Invesco Mort news (Ticker: IVR), a resource for investors and traders seeking the latest updates and insights on Invesco Mort stock.
Invesco Mortgage Capital Inc. (IVR) is a leading mortgage REIT specializing in residential and commercial mortgage-backed securities. This news hub provides investors with essential updates on corporate developments and market-moving information.
Access timely announcements including earnings reports, strategic initiatives, and portfolio updates. Our curated collection offers a comprehensive view of IVR's operational milestones and financial positioning within the real estate investment sector.
Discover press releases covering dividend declarations, risk management strategies, and leadership updates. The content reflects IVR's focus on income-generating assets and its approach to navigating interest rate environments through expert portfolio management.
Bookmark this page for direct access to primary source materials and analysis-free updates. Check regularly for the latest information directly from Invesco Mortgage Capital and authorized news channels.
Invesco Mortgage Capital Inc. (NYSE: IVR) declared a cash dividend of $0.40 per share for Q1 2023, payable on April 27, 2023. The dividend is intended to retain capital and enhance book value amid strong earnings potential, despite rising interest rates. The estimated net income per share for the two months ending February 28, 2023 ranges from $0.99 to $1.01, aligning with estimated earnings available for distribution. As of March 17, 2023, the total investment portfolio stood at $5.5 billion with an estimated book value per share of $11.96 to $12.44.
Invesco Mortgage Capital Inc. (NYSE: IVR) has announced the appointment of Katharine Kelley to its Board of Directors, effective March 1, 2023. Kelley, who is the President and Owner of Green Street Properties, brings significant expertise in real estate development, particularly in multifamily and commercial sectors. She will serve on the Audit, Compensation, and Nomination and Corporate Governance committees. Additionally, the company will hold its 2023 Annual Meeting of Stockholders on May 8, 2023. Shareholders of record as of March 9, 2023 will be entitled to vote at the meeting.
Invesco Mortgage Capital Inc. (NYSE: IVR) reported a strong financial performance for Q4 2022, with net income per common share of $0.84, reversing a loss of $2.78 in Q3 2022. Earnings available for distribution increased to $1.46 per share, while the common stock dividend remained at $0.65. Despite a slight decline in book value per share to $12.79, the company achieved an economic return of 5.0%, aided by improved valuations of Agency RMBS. The debt-to-equity ratio was 5.3x, indicating stable leverage. Looking forward, the management anticipates favorable conditions in 2023, contingent on reduced interest rate volatility.
Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its fourth quarter 2022 results on February 21, 2023, after market close. Following this, a conference call is scheduled for February 22, 2023, at 9:00 a.m. ET to discuss the results. Key executives, including CEO John Anzalone and CFO Lee Phegley, will participate. Investors can access a presentation on the company's website beforehand. A replay of the audio will be available until March 8, 2023. As a real estate investment trust, Invesco primarily focuses on mortgage-backed securities and related assets.
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