Invesco Mortgage Capital Names Kevin Collins CEO, Moves to Monthly Dividends
Invesco Mortgage Capital will appoint President Kevin Collins as CEO and COO David Lyle as President effective May 1, 2026, following John Anzalone’s April 30 retirement after nine years leading the company. The mREIT has moved from quarterly to monthly dividend distributions to better meet income investors’ cash-flow needs and provide regular portfolio updates.
1. Executive Leadership Transition
Kevin Collins, President since 2017 and Co-Head of Structured Investments at Invesco Fixed Income, will succeed John Anzalone as CEO on May 1, 2026, after Anzalone’s nine-year tenure. David Lyle, Chief Operating Officer since 2017, will assume the President role that day, ensuring continuity through their long-standing collaboration dating back to the company’s 2009 formation.
2. Dividend Distribution Shift
Invesco Mortgage Capital has transitioned from quarterly to monthly dividend payments to align more closely with income investors’ cash-flow requirements. This change also introduces monthly investor touchpoints for updates on portfolio composition, book value and leverage levels.
3. Board and Management Outlook
Board Chair Don Liu highlighted the new leadership team’s deep mortgage-REIT expertise and strong counterparty relationships as key to driving the next growth phase. CEO-designate Collins and President design-ate Lyle emphasize disciplined investment management, consistent performance and enhanced investor engagement under the renewed strategy.