Invesco Mortgage Capital’s common stock dividend is $0.34 per share each quarter, about $1.36 per share annually at current rates.
How Much Dividend Does Ivr Pay? Overview Of Ivr Payouts
Invesco Mortgage Capital Inc. (ticker IVR) is a mortgage real estate investment trust that mainly holds residential mortgage backed securities. The company passes most of its taxable income to shareholders through cash payouts, so the dividend is the main draw for many investors who search for how much dividend does ivr pay? and want a clear number.
Based on the latest declared common stock dividend, IVR currently pays $0.34 per share every quarter. Multiply that by four and you get an annual rate near $1.36 per share. Some data tables show $1.42 because they group one late year ex dividend date with the following year’s payments, so numbers can differ slightly across sites.
Those dollars move on a schedule. Each quarter IVR sets a declaration date, an ex dividend date, a record date, and a payment date. Shareholders who own common stock before the ex dividend date qualify for that quarter’s payout. Investors who buy on or after the ex dividend date do not receive that specific check.
Table 1: Ivr Dividend Snapshot
| Metric | Current Figure | What It Tells You |
|---|---|---|
| Recent quarterly dividend per share | $0.34 | Cash paid for each common share in the latest quarter |
| Approximate annual dividend per share | $1.36 | Four times the latest quarterly amount |
| Forward dividend yield | About 16 percent | Annual dividend divided by recent share price near $8.25 |
| Payout frequency | Quarterly | Dividend is usually declared four times per year |
| Recent ex dividend month | October 2025 | Latest date when new buyers no longer received that quarter’s payout |
| Last payout month | October 2025 | Month when the most recent dividend reached shareholder accounts |
| Dividend track record | Regular but adjusted many times | History shows cuts and raises as funding costs and book value shift |
Ivr Dividend Per Share Today And Over Time
Once you have the headline number, the next question is how stable the IVR dividend has been. Mortgage REIT payouts move around more than dividends from many large blue chip companies, and IVR is no exception.
In 2022 IVR common shareholders collected about $3.35 per share across the year. In 2023 that total dropped to roughly $1.85 per share. During 2024 the company paid about $1.60 per share. Recent payments in 2025 add up to about $1.42 per share if you group them by payment date across four calendar quarters.
The record since 2020 shows several cuts and a few raises. When funding costs jump or mortgage spreads widen, IVR has trimmed the dividend to preserve cash and protect book value. When income improves, the board has lifted the payout again, but changes tend to lag conditions instead of moving every quarter.
Why The Ivr Dividend Moves So Often
The IVR portfolio holds mortgage assets that respond sharply to changes in interest rates and funding costs. When short term rates rise faster than long term yields, net interest margins get squeezed. That squeeze leaves less cash available for dividends. When short term rates fall or funding sources grow cheaper, margins can widen and allow a higher payout level.
Borrowing against the portfolio makes the swings larger. Mortgage REITs often borrow several dollars for every dollar of equity to build a portfolio that throws off enough income to cover operating costs and dividends. That borrowing multiplies income in good periods but also amplifies losses when asset prices drop or funding markets tighten.
Prepayment speed also matters. When homeowners refinance faster than expected, higher coupon bonds come back at par and must be reinvested at lower yields. When refinancing slows, those higher coupons stay in the portfolio longer and help generate more cash that can back dividends. All of those moving parts feed into the answer to how much dividend does ivr pay? from one year to the next.
How Often Does Ivr Pay Dividends?
IVR pays its common stock dividend every three months. Recent calendars show ex dividend dates in early April, July, October, and late December or early January. Payments usually reach accounts a few weeks after the ex date. It helps to think of IVR as a quarterly payer with a pattern that clusters cash flow in mid to late months of each quarter.
The company’s own investor relations page posts the official dividend history, including exact declaration dates, ex dates, record dates, and payment dates. Many investors double check payout information on market data sites alongside the company’s own table to confirm the latest numbers.
Dividend Yield And What It Means For Ivr
Dividend yield ties the payout to the stock price. With a recent share price near $8.25 and an annual payout rate around $1.36 per share, IVR’s dividend yield lands near the mid teens. That is much higher than the yield on broad stock market benchmarks and far above yields on investment grade bonds.
A double digit yield might catch your eye, but it comes with trade offs. A high yield often reflects market expectations of risk, not a free lunch. Common risk points for a mortgage REIT like IVR include credit losses on underlying loans, spread widening between mortgage assets and funding costs, and the chance of further dividend cuts if earnings fall below the current payout level.
Yield also shifts with the share price. If the stock climbs while the dividend stays flat, the yield falls. If the price drops and the payout holds steady, the yield rises. Because of that link, investors watch both the dollar dividend and the stock chart, not yield in isolation.
How Ivr’s Dividend Compares To Peers
When you stack IVR against other mortgage REITs, the payout looks high but not out of line for the group. Several peers also show yields in the low to high teens, driven by similar portfolios of agency and credit sensitive mortgage assets funded with repurchase agreements and other forms of short term borrowing.
Some rivals pay monthly while IVR sticks with quarterly payments. Others focus more on agency mortgage backed securities, which carry less credit risk but more exposure to interest rate moves. A few hold larger buckets of credit sensitive assets such as non agency mortgage bonds or mortgage servicing rights. Those choices can push dividend levels higher or lower than IVR’s current rate.
Comparing yields across the group helps set expectations, but it does not replace a clear view of portfolio quality, hedging choices, and management’s record.
Tax Treatment Of Ivr Dividends
Because IVR is structured as a REIT, most common stock dividends are taxed as ordinary income instead of the lower long term capital gains rate that applies to qualified dividends from many regular corporations. In some years a portion of the payout can be classified as return of capital or capital gains, which changes the tax impact for that slice.
Exact tax reporting shows up on the Form 1099 that brokers send after year end. The split between ordinary income, capital gains, and return of capital can shift each year based on what happens inside the REIT.
Risks To The Ivr Dividend
No REIT dividend is guaranteed, and that is especially true for mortgage REITs that rely on short term funding. When rates jump or spreads widen, funding can become scarce, asset values can drop, book value can fall, and the board may respond by shrinking the payout.
IVR also faces company specific risks. Portfolio choices, hedging strategy, and borrowing levels all reflect decisions made by management. If those decisions line up poorly with the rate and housing backdrop, earnings may fall short of projections. On the other hand, a cautious stance during frothy periods can leave the company better placed when markets swing.
Investors who rely on the dividend to cover regular bills often pair a mortgage REIT holding with steadier income sources such as investment grade bond funds, dividend growers, or short term cash vehicles.
How Much Cash Could You Receive From Ivr Dividends?
Once you know the per share payout and frequency, you can translate IVR’s dividend into dollar amounts for different position sizes. The table below uses an annual payout of $1.36 per share and a quarterly payout of $0.34 per share to show how much income a position might produce.
Table 2: Ivr Dividend Income By Position Size
| Number Of Shares | Annual Dividend At $1.36 Per Share | Quarterly Dividend At $0.34 Per Share |
|---|---|---|
| 25 | $34.00 | $8.50 |
| 50 | $68.00 | $17.00 |
| 100 | $136.00 | $34.00 |
| 250 | $340.00 | $85.00 |
| 500 | $680.00 | $170.00 |
| 1000 | $1,360.00 | $340.00 |
| 1500 | $2,040.00 | $510.00 |
These figures are rough guides, not promises. The board can change the payout at any meeting, and the share price can move for reasons unrelated to dividends, so actual income and yield may differ from the snapshots above.
How To Research Ivr’s Dividend Before You Invest
To answer how much dividend does ivr pay?, review the company’s filings and investor presentations before you buy. Those materials show the portfolio mix, funding structure, risk management approach, and overall dividend policy. Earnings call transcripts and slide decks give context on interest rate views and housing credit trends.
Next, review independent dividend data on reputable financial sites that track payout history, yields, and payout ratios. Many platforms let you line up IVR beside peer REITs on measures such as yield, price to book value, and earnings estimates.
Before committing a large sum to any single high yield stock, many investors speak with a licensed financial advisor who can look at time horizon, tax situation, and existing holdings. That extra step can help align the size of an IVR position with personal comfort level and long term plans for building wealth.