By Marc Lichtenfeld Which do you put more faith in – three straight years of dividend increases in 2017, 2018 and 2019 or dividend cuts in each of the six years prior?
That’s the situation with Invesco Mortgage Capital (NYSE: IVR), which pays a hefty 11.1% yield after a quarterly dividend increase to $0.50 per share at the end of 2019.
If the company maintains the dividend this year, 2020 will be the fourth year in a row it has paid a higher dividend than the year before. But can it afford to?
Invesco Mortgage Capital is a mortgage real estate investment trust (REIT). It invests …read more
