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Invesco Mortgage Capital, 7.75% Fixed-to-Floating Rate Series B Cumulative Redeemable Preferred Stock

Dividend suspended 3/2020 because of asset damage caused by Covid 19. On 5/12/2020 the company announced the reinstatement of the dividend to be paid in a combination of stock and cash

Coupon is fixed at a rate of 7.75% until 12/27/2024 after which it floats at a rate of 3 month Libor plus a spread of 5.18%

Ticker: IVR-B

Parent Ticker: IVR

OTC Grey Market Temporary Ticker: NA

Issuance Date: 09/04/2014

1st Call Date: 12/27/2024

Maturity Date: None

Shares Issued: 6,000,000

Overallotment Shares: 900,000

Coupon: 7.75%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.484

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 27

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR

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