5 REIT Dividend Stocks With Over 10% Yield

In this article, we discuss 5 REIT dividend stocks with over 10% yield. If you want our detailed analysis of these stocks, go directly to 11 REIT Dividend Stocks With Over 10% Yield. 

5. Invesco Mortgage Capital Inc. (NYSE:IVR)

Invesco Mortgage Capital has been in the news this year, but not for the good reasons, as its board cut the company’s dividend by 28% in September. The board announced a quarterly dividend of $0.65 per share, a major decline from its previous dividend of $0.91. However, despite the dividend cut, the company’s forward dividend yield came in at about 21. The dividend cut was not without a reason. The company’s management said that the cut would allow the company to “retain additional capital and further improve its capital structure.” The company also issued an update on its portfolio and liquidity, saying that its total investment portfolio as of the end of August was valued at $4.9 billion.

As of the end of the second quarter, 7 hedge funds in Insider Monkey’s database of 895 funds had a stake in the company, compared to 10 funds in the previous quarter. The total value of these stakes stood at about $28 million. The biggest stakeholder of the company at the end of June was Dmitry Balyasny’s Balyasny Asset Management, which had a $12.5 million stake in the company.