5 High-Yield Dividend Stocks Popular on Robinhood

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

Number of Hedge Fund Holders: 10

Dividend Yield as of May 20: 21.05%

Invesco Mortgage Capital Inc. (NYSE:IVR) is a Georgia-based real estate investment trust that primarily invests in mortgage-backed securities and other mortgage-related assets. Invesco Mortgage Capital Inc. (NYSE:IVR)’s dividend yield on May 20 stood at 21.05%, making it perhaps the highest-yielding dividend stock popular on Robinhood. The company distributed a quarterly dividend of $0.09 per share to shareholders on April 27. 

Invesco Mortgage Capital Inc. (NYSE:IVR)’s Q1 results were reported on May 4. The company posted earnings per share of $0.12, beating market consensus by $0.03. The revenue jumped 29.20% year-over-year to $53.84 million, outperforming estimates by $7.45 million. 

On April 27, Barclays analyst Mark DeVries lowered the price target on Invesco Mortgage Capital Inc. (NYSE:IVR) to $2 from $3 and kept an Underweight rating on the shares. According to the analyst, book values are expected to drop notably for the mortgage real estate investment trusts in Q1, given rising rates and volatile mortgage spreads impacting portfolio values. The analyst remains cautious on the sub-sector owing to the likelihood of further spread volatility.

In the fourth quarter of 2021, 10 hedge funds reported owning stakes in Invesco Mortgage Capital Inc. (NYSE:IVR), collectively worth $19.1 million. Billionaire Ken Griffin’s Citadel Investment Group held a leading stake in the company in the first quarter of 2022, consisting of 3.14 million shares worth $7.16 million. 

You can also take a look at 10 Safe Stocks To Invest in For The Long-Term in 2022 and 10 Best Long-Term Dividend Stocks with Over 4% Yield.

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