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Invesco Mortgage Capital Inc. IVR

Listed / Traded Mortgage NYSE Mgmt:

Invesco Mortgage Capital Inc. functions as a real estate investment trust (REIT), concentrating on acquiring, funding, and overseeing a diverse portfolio of mortgage-backed securities and other assets linked to real estate. Its holdings include both residential and commercial mortgage-backed securities, encompassing those guaranteed by U.S. government agencies or federally chartered corporations, as well as those lacking such guarantees. The company also invests in credit risk transfer (CRT) securities—unsecured obligations from government-sponsored enterprises—alongside residential and commercial mortgage loans, and various other real estate-related financial arrangements. Established in 2008 and based in Atlanta, Georgia, the company has opted for REIT tax status, which typically allows it to bypass federal corporate income taxes by distributing at least 90% of its taxable earnings to shareholders.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-23 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$7.90
Market cap
$733.30M
Enterprise value
$5.85B
Dividend yieldi
18.23%
Annual dividendi
$1.44
Frequency
Monthly
FFO / sharei
Not reported (common for mortgage REITs)
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
30.86x · GAAP est.
Op. cash flow / sharei
$2.37
Price / OCFi
3.33
Payout (% of OCF)i
60.78%
Debt / book capitali
85.90%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

1265shares (~$7.90 each)
$1823est. dividends / year
$152≈ per month
18.23%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model IVR yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$5.62B
Cash
$56.04M
Net debt / EBITDAi
30.86x
Debt / book capitali
85.90%
Total assets
$6.48B
Total equity
$797.54M
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $339.70M $101.29M $688.00K $321.14M $157.09M
2024 $329.27M $59.88M $587.00K $310.38M $183.16M
2023 $189.80M $-15.86M $-9.84M $222.84M $237.79M
2022 $-437.55M $-402.92M $-19.09M $-331.44M $196.08M
2021 $50.33M $-90.00M $-21.38M $-80.16M $152.29M
2020 $-1.65B $-1.67B $-23.28M $0.00 $170.46M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-07-272026-07-272026-08-14 2026-07-15$0.12Monthly
2026-06-232026-06-232026-07-15 2026-06-12$0.12Monthly
2026-05-262026-05-262026-06-12 2026-05-14$0.12Monthly
2026-04-272026-04-272026-05-14 2026-04-15$0.12Monthly
2026-03-242026-03-242026-04-14 2026-03-13$0.12Monthly
2026-02-242026-02-242026-03-13 2026-02-13$0.12Monthly
2026-01-262026-01-262026-02-13 2026-01-15$0.12Monthly
2025-12-292025-12-292026-01-23 2025-12-18$0.36Irregular
2025-10-062025-10-062025-10-24 2025-09-24$0.34Quarterly
2025-07-072025-07-072025-07-25 2025-06-24$0.34Quarterly
2025-04-072025-04-072025-04-25 2025-03-25$0.34Quarterly
2024-12-302024-12-302025-01-24 2024-12-19$0.40Irregular
2024-10-072024-10-072024-10-25 2024-09-24$0.40Quarterly
2024-07-052024-07-052024-07-26 2024-06-24$0.40Quarterly
2024-04-052024-04-082024-04-26 2024-03-26$0.40Quarterly
2023-12-282023-12-292024-01-26 2023-12-19$0.40Irregular
2023-10-052023-10-092023-10-27 2023-09-26$0.40Quarterly
2023-06-302023-07-032023-07-27 2023-06-21$0.40Irregular
2023-04-062023-04-102023-04-27 2023-03-27$0.40Quarterly
2023-01-062023-01-092023-01-27 2022-12-19$0.65Quarterly
2022-10-072022-10-112022-10-27 2022-09-28$0.65Quarterly
2022-07-082022-07-112022-07-27 2022-06-27$0.90Quarterly
2022-04-072022-04-082022-04-27 2022-03-28$0.09Quarterly
2022-01-102022-01-112022-01-27 2021-12-27$0.09Quarterly

Coverage (payout of operating cash flow): 60.78%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — IVR

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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