Invesco Mortgage Capital Incorporation, commonly known as IVR, is a real estate investment company that was founded in 2008 in Atlanta, Georgia, United States. As a real estate investment company, IVR finances and manages residential and commercial mortgage-backed securities and loans.
What is IVR’s Stock Split History?
Since its establishment in 2008, the company has split only once. The split took place very recently, in June of 2022. The stock split was carried out as a 1 for 10 reverse split which means that for every 10 shares owned, the shareholder would have only 1 share, post-split. Based on the ratio of the stock split, an assumed compound annual growth rate (with dividends reinvested) chart for IVR will look like this:
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Why Did IVR Split Stock?
A company usually opts to split stock when the price of its shares rises significantly. However, in the case of reverse split stocks, when the price of shares falls to a lower per-share price point, companies typically announce a reverse stock split. IVR deals in mutual funds where there are limits and laws governing how many stocks they can trade. To overcome this obstacle, IVR may have chosen to reverse split their stocks so that a reduced share count can help increase the price per share, given that market capitalization remains stable.
Is IVR A Good Dividend Investment?
With respect to IVR’s economic standing and the addition of a stock split, they have been able to reduce their leverage level which helps them against further possible weakness in the mortgage-backed bond market. Overall, analysts and investors are optimistic regarding IVR’s prospects but they remain unsure of how long it will be able to sustain its current dividend.
FAQs
Should you invest $1,000 in Invesco Mortgage Capital right now?
An analyst team at Motley Fool Stock Advisor recently curated a list of the top 10 best stocks to invest in currently. Unfortunately, IVR did not make it onto the list, the choice, however, is yours!
What is the future of IVR stock?
The sales forecast for IVR is expected to be within the range of $65.39M.
Is IVR a good dividend stock?
In comparison with the dividend payers in the US market, IVR’s dividend is higher than the bottom 25%
Who is the largest shareholder of IVR?
The largest IVR shareholder is Richard J. King with 114,494 shares which equals 0.27% of the company shares.
Conclusion
Currently, IVR is not within the top 10 shares in the US, but because IVR is a real estate company dealing with mutual funds and mortgage loans, it will likely make a strong comeback with how popular its market is.
