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Four low-priced Dividend Power stocks, Golden Ocean, Invesco Mortgage, ARMOUR Residential, and FutureFuel, offer safer dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for top Dividend Power stocks, with an average net gain of 79.97% on $10k invested in the top ten.
Invesco Mortgage Capital (IVR) closed the most recent trading day at $8.26, moving +1.23% from the previous trading session.
ATLANTA , Dec. 19, 2024 /PRNewswire/ -- Invesco Mortgage Capital Inc. (the "Company") (NYSE: IVR) today announced that its Board of Directors declared a cash dividend of $0.40 per share of common stock for the fourth quarter of 2024. The dividend will be paid on January 24, 2025 to stockholders of record at the close of business on December 30, 2024, with an ex-dividend date of December 30, 2024.
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on high earnings yield and high dividend yield, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for the top ten DiviPower stocks by November 2025, with potential net gains ranging from 55.4% to 108.51%.
We take a look at the action in preferreds and baby bonds through the second week of November and highlight some of the key themes we are watching. Preferred stocks had a strong week with a 2% total return, supported by a Treasury rally and narrowing credit spreads. Invesco Mortgage Capital is redeeming its floating-rate preferred IVR.PR.B, which will raise equity coverage.
In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $8.62, denoting a +1.17% change from the preceding trading day.
Invesco Mortgage common stock and preferred shares carry significant risk, with IVR-C being severely overpriced and offering low yield relative to alternatives. IVR-C's stripped yield is only 7.63%, and its annualized yield to call is about 8.2%, both insufficient for the high risk involved. The floating rate on IVR-C starts in 2027, and its floating spread is only 5.289%, making it less attractive compared to lower-risk options like AGNCN.
In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $9.01, denoting a +1.46% change from the preceding trading day.
I believe Invesco Mortgage Capital Inc. faces significant risks from rising prepayment rates and spread risk, which could devalue its MBS portfolio and impact returns. Lower liquidity at the liability level can occur if U.S. economic variables don't improve. Moreover, I anticipate higher credit risk in 2025, which might add to funding uncertainty and refinancing. Regression analysis illustrates the mREIT's potential in a stable market environment. However, I don't think a stable market outlook is warranted.