
Invesco Mortgage Capital Inc.
IVRReal Estate · REIT - Mortgage · Stock · monthly payer
Forward Yield
26.04%
Annual Dividend
$1.44
Payout Ratio
92%
5-Yr Growth
-2.9%
Ex-Date
Oct 26, 2026
Frequency
Monthly
Key facts about IVR's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Invesco Mortgage Capital Inc. (IVR) has a forward dividend yield of 26.04%, based on an annual dividend of $1.44 per share and a share price of $5.53.
- As of Oct 27, 2026, IVR's dividend safety grade from SmarterDividends is D (43 out of 100), which rates the dividend as unsafe.
- IVR last cut its regular dividend in 2025.
- IVR's most recent ex-dividend date was Oct 26, 2026, for a dividend of $0.12 per share.
- As of Oct 27, 2026, IVR pays out 92% of its trailing 12-month earnings as dividends (its payout ratio).
- IVR's dividend has shrunk at an average rate of 2.9% a year over the past five years.
- As of Oct 27, 2026, IVR's 26.04% yield is 51% above its five-year average yield of 17.28%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for IVR is $13.62 per share, 146% above the $5.53 share price, so IVR screens as undervalued.
- Invesco Mortgage Capital Inc. (IVR) pays its dividend monthly, 12 times a year.
- Invesco Mortgage Capital Inc. (IVR) has raised its regular dividend 10 times and cut it 12 times across the 76 payments on record since 2009. Its most recent change was a 66.7% cut to $0.120 per share, going ex-dividend on Jan 26, 2026.
Cite this page
SmarterDividends, "IVR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/IVR
Summary
As of Oct 27, 2026, Invesco Mortgage Capital Inc. (IVR) yields 26.04% ($1.44 a year per share) and has a dividend safety grade of D (43/100).
Is IVR a good dividend stock?
MixedInvesco Mortgage Capital Inc. (IVR) pays a monthly dividend yielding 26.04% ($1.44/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (92%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 26.04%
- Payout Ratio
- 92%
- Annual Dividend
- $1.44
- 5-Yr Avg Growth
- -2.9%
- Ex-Dividend Date
- Oct 26, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.64
- Market Cap
- $602.8M
- P/E Ratio
- 3.6
- 5-Yr Total Return
- -82%
- 52-Week Range
- $5.22 – $9.50
- Dividend Safety
- D · 43/100
- Ever Cut?
- Yes (2025)
IVR dividend raises and cuts
Invesco Mortgage Capital Inc. (IVR) has raised its regular dividend 10 times and cut it 12 times across the 76 payments on record since 2009. Its most recent change was a 66.7% cut to $0.120 per share, going ex-dividend on Jan 26, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 26, 2026 | Cut | $0.360 → $0.120 | −66.7% |
| Dec 29, 2025 | Raise | $0.340 → $0.360 | +5.9% |
| Apr 7, 2025 | Cut | $0.400 → $0.340 | −15.0% |
| Apr 6, 2023 | Cut | $0.650 → $0.400 | −38.5% |
| Oct 7, 2022 | Cut | $0.900 → $0.650 | −27.8% |
| Apr 8, 2021 | Raise | $0.800 → $0.900 | +12.5% |
| Jan 11, 2021 | Raise | $0.500 → $0.800 | +60.0% |
| May 20, 2020 | Cut | $5.00 → $0.500 | −90.0% |
| Dec 26, 2019 | Raise | $4.50 → $5.00 | +11.1% |
| Mar 28, 2019 | Raise | $4.20 → $4.50 | +7.1% |
| Dec 22, 2017 | Raise | $4.10 → $4.20 | +2.4% |
| Sep 26, 2017 | Raise | $4.00 → $4.10 | +2.5% |
Show all 22 changes since 2010
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 24, 2015 | Cut | $4.50 → $4.00 | −11.1% |
| Dec 24, 2014 | Cut | $5.00 → $4.50 | −10.0% |
| Sep 24, 2013 | Cut | $6.50 → $5.00 | −23.1% |
| Dec 20, 2011 | Cut | $8.00 → $6.50 | −18.8% |
| Sep 15, 2011 | Cut | $9.70 → $8.00 | −17.5% |
| Jun 15, 2011 | Cut | $10.00 → $9.70 | −3.0% |
| Mar 18, 2011 | Raise | $9.70 → $10.00 | +3.1% |
| Dec 29, 2010 | Cut | $10.00 → $9.70 | −3.0% |
| Sep 28, 2010 | Raise | $7.40 → $10.00 | +35.1% |
| Jun 28, 2010 | Raise | $6.10 → $7.40 | +21.3% |
Frequently Asked Questions
Is IVR a good dividend stock?
Mixed. Invesco Mortgage Capital Inc. (IVR) pays a monthly dividend yielding 26.04% ($1.44/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is IVR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, IVR's fair value is about $13.62 versus a $5.53 share price — so it looks undervalued (+146% vs. fair value).
Is IVR's dividend safe?
IVR has a dividend-safety grade of D (43/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is IVR's fair value?
Our blended fair-value estimate for IVR is about $13.62 per share, roughly 146% above the current $5.53 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is IVR a buy, hold, or sell?
We don't issue formal ratings, but on the data IVR screens as "mixed" and undervalued. Invesco Mortgage Capital Inc. (IVR) pays a monthly dividend yielding 26.04% ($1.44/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will IVR cut its dividend?
IVR earns a dividend-safety grade of D (43/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does IVR pay a dividend?
Yes. Invesco Mortgage Capital Inc. pays a monthly dividend of about $1.44 per share annually, a forward yield of roughly 26.04%.
What is IVR's dividend yield?
As of Oct 27, 2026, IVR's forward dividend yield is 26.04%, based on a $1.44 annual dividend and a $5.53 share price.
What is IVR's dividend per share?
As of Oct 27, 2026, IVR pays $1.44 per share per year, distributed on a monthly basis.
What is IVR's dividend payout ratio?
As of Oct 27, 2026, IVR's payout ratio is 92% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has IVR grown its dividend?
IVR does not currently have a long dividend-growth streak on record.
When is the next IVR ex-dividend date?
As of Oct 27, 2026, IVR's next ex-dividend date hasn't been announced. The most recent was Oct 26, 2026, for $0.12 per share.
IVR Price — Last 12 Months
Daily close
Price Return
1 Year
-32%
3 Years
-31%
5 Years
-82%
52-Week Range
$5.22 – $9.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IVR worth?
Undervaluedlow confidenceOur blended fair-value estimate for Invesco Mortgage Capital Inc. is $13.62 per share, versus a market price of $5.53. That implies 146% of upside — a margin of safety of about 59%.
Fair Value
$13.62
Current Price
$5.53
Upside
+146%
Margin of Safety
59%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 12.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.55 EPS, $1.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IVR Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full IVR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 26, 2026 | Nov 16, 2026 | $0.1200 | regular |
| Sep 28, 2026 | Oct 15, 2026 | $0.1200 | regular |
| Aug 25, 2026 | Sep 15, 2026 | $0.1200 | regular |
| Jul 27, 2026 | Aug 14, 2026 | $0.1200 | regular |
| Jun 23, 2026 | Jul 15, 2026 | $0.1200 | regular |
| May 26, 2026 | Jun 12, 2026 | $0.1200 | regular |
| Apr 27, 2026 | May 14, 2026 | $0.1200 | regular |
| Mar 24, 2026 | Apr 14, 2026 | $0.1200 | regular |
| Feb 24, 2026 | Mar 13, 2026 | $0.1200 | regular |
| Jan 26, 2026 | Feb 13, 2026 | $0.1200 | regular |
| Dec 29, 2025 | Jan 23, 2026 | $0.3600 | regular |
| Oct 6, 2025 | Oct 24, 2025 | $0.3400 | regular |
| Jul 7, 2025 | Jul 25, 2025 | $0.3400 | regular |
| Apr 7, 2025 | Apr 25, 2025 | $0.3400 | regular |
Income Calculator
At $1.44 / yr per share
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