IVR (Invesco Mortgage Capital Inc.) Estimates Book Value Rose to $7.01
View the IVR Dividend Stock Profile
Invesco Mortgage Capital estimated on November 13, 2026 that its book value rose to $7.01 per common share at the end of October, from $6.74 at the end of September. The company also kept its monthly common dividend at $0.12 per share, payable December 14 to shareholders of record November 24.
The 27-cent improvement, about 4%, recovers part of the decline from $8.03 at the end of June. Book value is what remains for common shareholders after liabilities and preferred claims. The October estimate is preliminary. Invesco also reported that economic leverage, which includes its forward mortgage-bond exposure as well as its short-term borrowings, fell from 8.3 times equity in September to 7.9 times in October.
The September quarter’s $0.47 per share of earnings available for distribution exceeded the $0.36 of common dividends declared that quarter. In our view, October’s higher book value and lower leverage give Invesco a little more room to absorb market swings. The next earnings report will show whether income from its mortgage assets, after funding and hedging costs, can sustain that dividend cushion.
Sources
- Invesco Mortgage Capital November dividend and October update
- Invesco Mortgage Capital September quarter results
This article is general information, not personalized investment advice. Fly High Investing may hold securities discussed in this article.
