Prnewswire·2026-02-13 21:15Core Viewpoint - Invesco Mortgage Capital Inc. announced a cash dividend of $0.12 per share for February 2026, alongside a financial update as of January 31, 2026, highlighting key metrics such as debt-to-equity ratios and portfolio composition [1][2]. Financial Highlights - The company reported a debt-to-equity ratio of 6.1x and an economic debt-to-equity ratio of 7.1x as of January 31, 2026 [1]. - The estimated book value per common share was $8.91 [1]. - Total repurchase agreement borrowings amounted to $5.4 billion [1]. - Unrestricted cash and unencumbered investments totaled $510.7 million [1]. - The total investment portfolio, including TBAs, was valued at $7.1 billion [1]. Portfolio Composition - The investment portfolio as of January 31, 2026, included: - Agency RMBS with a total fair value of $5.16 billion, accounting for 72.7% of the portfolio, with a weighted average yield of 5.43% [1]. - Agency CMO valued at $68.5 million (1.0% of the portfolio) with a yield of 8.88% [1]. - Agency CMBS valued at $900.3 million (12.7% of the portfolio) with a yield of 4.62% [1]. - TBAs at an implied market value of $963.7 million, representing 13.6% of the total investment portfolio [1]. Borrowings and Interest Rate Swaps - The company had outstanding borrowings of $5.4 billion in repurchase agreements with a weighted average interest rate of 3.83% and a remaining maturity of 23 days as of January 31, 2026 [1]. - Interest rate swaps included notional amounts totaling $4.225 billion, with a weighted average fixed pay rate of 1.71% and a weighted average floating receive rate of 3.68% [1]. Company Overview - Invesco Mortgage Capital Inc. is a real estate investment trust focused on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets [2]. - The company is externally managed by Invesco Advisers, Inc., a subsidiary of Invesco Ltd., a global investment management firm [2].