Looking at the universe of stocks we cover at Dividend Channel, on 3/26/15,
As a percentage of IVR's recent stock price of $16.09, this dividend works out to approximately 2.80%, so look for shares of Invesco Mortgage Capital Inc. to trade 2.80% lower — all else being equal — when IVR shares open for trading on 3/26/15. Similarly, investors should look for INDB to open 0.58% lower in price and for NYMT to open 3.37% lower, all else being equal.
Below are dividend history charts for IVR, INDB, and NYMT, showing historical dividends prior to the most recent ones declared.
Invesco Mortgage Capital Inc. (NYSE: IVR):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 11.19% for Invesco Mortgage Capital Inc., 2.33% for Independent Bank Corp. , and 13.47% for New York Mortgage Trust Inc.
Special Offer: Find out what Dave Moenning is holding in the Top 5 Portfolio with a free 30 day trial offer from Forbes.
In Tuesday trading, Invesco Mortgage Capital Inc. shares are currently trading flat, Independent Bank Corp. shares are down about 0.3%, and New York Mortgage Trust Inc shares are down about 0.6% on the day.
