Invesco Mortgage Capital Inc. reported earnings available for distribution of $0.10 per common share for Q2 2021. The company redeemed $140.0 million of Series A Preferred Stock and raised $145.9 million of common equity during the quarter. However, Agency RMBS sharply underperformed, resulting in a 12.1% decrease in book value per common share and a (9.6%) economic return for the quarter.
Net loss per common share of $0.34 compared to $0.09 in Q1 2021
Earnings available for distribution per common share of $0.10 compared to $0.11 in Q1 2021
Common stock dividend of $0.09 per common share compared to $0.09 per common share in Q1 2021
Book value per common share of $3.21 compared to $3.65 at Q1 2021
Company provided forward guidance in the earnings call.
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