Actually dudes, the yeild increses as the price drops, so, infact, he is correct and the "summery" page of yahoo is incorrect. For confirmation I suggest you look at the Invesco homepage and see that they are quoting a yield of 18.80. They define the yeild on their product as"Most recently announced regular dividend, annualized and expressed as a percent of the security's price". Info from Invesco Mortgage Capital, Inc, Investor relations tab, dividends.
currently $1 per quarter, but subject to change either higher or lower depending on earnings...why not sell some Oct $20 puts and get $1.50 for them, keep the money and then wait and see if the stock comes to you. If you buy the stock you will likely only be getting two $1 payouts for a total of $2 during the same time frame....not quite the same yield, but still very good and you have less money at risk...I sold some thing morning for $1.55 per share....good luck to you. Susan
Really? You know how to look up this stock on a Yahoo message board and post a comment, but you can't figure out how to look up the headlines of their latest dividend payment amount or see it in the Summary table (which you have to see before you get to the Message board screen).