ATLANTA, Dec. 28, 2020 /PRNewswire/ -- Invesco
Mortgage Capital Inc. (the "Company") (NYSE: IVR) today announced
that its Board of Directors declared a quarterly dividend on shares
of its common stock.
Common Stock Dividend
The Company's Board of Directors declared a cash dividend of
$0.08 per share of common stock for
the fourth quarter of 2020. The dividend will be paid on
January 26, 2021 to stockholders of
record on January 12, 2021, with an
ex-dividend date of January 11,
2021.
The Company expects that all cash and stock dividends paid on
the Company's common stock and all cash dividends paid on its
Series A, Series B and Series C preferred stock in 2020 will be
characterized as a return of capital for tax purposes.
Stockholders should review the 2020 tax statements received from
their brokerage firms or other institutions and consult their
individual tax advisor regarding the particular U.S. federal,
state, local or other tax consequences of the Company's dividends
to them.
About Invesco Mortgage Capital Inc.
Invesco Mortgage Capital Inc. is a real estate investment trust
that focuses on investing in, financing and managing residential
and commercial mortgage-backed securities and mortgage loans.
Invesco Mortgage Capital Inc. is externally managed and advised by
Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), a
leading independent global investment management firm.
Additional information is available at
www.invescomortgagecapital.com.
Cautionary Notice Regarding Forward-Looking
Statements
This press release may include statements and information that
constitute "forward-looking statements" within the meaning of the
U.S. securities laws as defined in the Private Securities
Litigation Reform Act of 1995, as amended, and such statements are
intended to be covered by the safe harbor provided by the same.
Forward-looking statements are subject to substantial risks and
uncertainties, many of which are difficult to predict and are
generally beyond the Company's control. These forward-looking
statements include those related to our intention and ability to
pay dividends, as well as any other statements other than
statements of historical fact. The words "believe," "expect,"
"anticipate," "estimate," "plan," "continue," "intend," "should,"
"may," or similar expressions and future or conditional verbs such
as "will," "may," "could," "should," and "would," and any other
statement that necessarily depends on future events, are intended
to identify forward-looking statements.
The forward-looking statements are based on management's
beliefs, assumptions and expectations of the Company's future
performance, taking into account all information currently
available. You should not place undue reliance on these
forward-looking statements. These beliefs, assumptions and
expectations can change as a result of many possible events or
factors, not all of which are known to the Company, including,
without limitation: the Company's ability to accurately estimate
its book value per common share; its portfolio composition and cash
balances (particularly in light of the highly volatile and
uncertain market conditions); changes in interest rates; changes in
the yield curve; changes in default and prepayment rates; the
availability and terms of financing; changes in the market value of
the Company's assets; general economic conditions; conditions in
the market for the Company's mortgage backed securities and
commercial credit investments; the timing and amount of
distributions to stockholders; conditions in the real estate
market; legislative and regulatory changes that could adversely
affect the business of the Company; and the ongoing spread and
economic and operational effects of the COVID-19 virus. Some
of the other factors are described in the Company's most recent
annual report on Form 10-K and subsequent filings, including the
Company's quarterly report on Form 10-Q filed on November 9, 2020, which are available on the
SEC's website at www.sec.gov, under the headings "Risk Factors,"
"Forward-Looking Statements," "Business" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" and "Risk Factor Update."
Any forward-looking statement speaks only as of the date on
which it is made. New risks and uncertainties arise over
time, and it is not possible to predict those events or how they
may affect the Company. Except as required by law, the
Company is not obligated to, and does not intend to, update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
Investor Relations Contact: Jack
Bateman, 404-439-3323
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SOURCE Invesco Mortgage Capital Inc.