Invesco Mortgage Capital Inc. reported a net income per common share of $0.84 for Q4 2022, a significant improvement compared to the net loss of $2.78 in Q3 2022. Earnings available for distribution per common share also increased to $1.46, driven by the company's rotation into higher-yielding Agency RMBS. The book value per common share remained relatively stable at $12.79.
Net income per common share was $0.84, compared to a net loss of $2.78 in Q3 2022.
Earnings available for distribution per common share increased to $1.46, compared to $1.39 in Q3 2022.
A common stock dividend of $0.65 per common share was maintained, unchanged from Q3 2022.
Book value per common share was $12.79, slightly down from $12.80 at the end of Q3 2022.
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