Invesco Mortgage Capital: 11.61% yield

Saving the highest yield for last, we have mortgage REIT Invesco Mortgage Capital (NYSE:IVR )

as I noted with AGNC, economic recoveries are generally a positive thing for mortgage REITs. In the second quarter, Invesco Mortgage Capital's average net interest margin expanded by 32 basis points to 2.12% from 1.8% in the sequential first quarter. 

The ride will likely be bumpier with Invesco, compared with AGNC, given its 2020 miscues and its ongoing shift into agency MBS. But with management focused on agency assets, Invesco's ultra-high-yield payout can be trusted  once more.