Know the company
Company overview
Invesco Mortgage Capital owns mortgage-backed securities and other mortgage-related investments. It earns interest on those assets, then pays for the short-term borrowing and hedges used to hold them. The spread left after funding and operating costs is the income engine behind the dividend. Because the portfolio uses leverage, mortgage prices, prepayments and borrowing terms can also move book value quickly.
- Business
- REIT
- Listing
- IVR · XNYS
- Reporting period
- 2026-06-30
- Dividend schedule
- Monthly
How the business works
Cash available for distributions ultimately depends on interest income from mortgage investments, less borrowing costs, hedging costs and operating expenses, along with realized gains or losses. Changes in the value of mortgage assets and hedges can also influence capital, financing capacity and future earning power. A high distribution rate can be supported only if earnings, taxable income, liquidity and balance-sheet conditions remain adequate across varying market environments.
Invesco Mortgage Capital Inc.: 10-Q supporting reported earnings