5 Cheap High Dividend Stocks to Buy Right Now

2. Invesco Mortgage Capital Inc (NYSE:IVR)

Number of Hedge Fund Holders: 10

Dividend Yield: 10.7%

Share Price as of November 8th: $3.32

Invesco Mortgage Capital Inc (NYSE:IVR) is an REIT that deals with mortgage-backed securities and other related assets. It is a suitable option for income investors on the lookout for a cheap high dividend stock to buy right now.

Invesco Mortgage Capital Inc’s (NYSE:IVR) third-quarter report showed that the company’s FFO was $0.10, beating estimates by $0.01, and its revenue was $46.45 million, beating estimates by $3.45 million. The company has also gained 0.45% year to date and 6.94% in the past year.

In the second quarter, 10 hedge funds held stakes in Invesco Mortgage Capital Inc (NYSE:IVR) worth $37.3 million. Comparatively, in the first quarter, 14 hedge funds held stakes in the company worth $57.6 million.