Key Highlights

  • Icahn Enterprises (NASDAQ:IEP) is at USD 5.55, up 3.64%, with a market cap of USD 3.94 billion and a 37.38% trailing Yield on the high yield screen, captured November 4, 2026.
  • ARMOUR Residential REIT (NYSE:ARR) announced a November 2026 Dividend of USD 0.24 per share and carries a 23.74% trailing yield.
  • On the high yield screen captured November 4, 2026, Invesco Mortgage Capital (NYSE:IVR) showed USD 5.48, up 3.20%, a market cap of USD 597.89 million and a 27.12% trailing yield.
  • PennyMac Mortgage Investment Trust (NYSE:PMT) is quoted at USD 8.11, up 2.79%, with a market cap of USD 707.21 million, a 20.28% trailing yield and a P/E of 17.31 on the high yield screen.

1. Icahn Enterprises (NASDAQ:IEP)

Icahn Enterprises (NASDAQ:IEP) shows a 37.38% trailing yield and declared a USD 0.50 distribution per unit on November 3, 2026. A yield above 20% frequently signals a depressed price against past payouts, so for IEP it is a risk marker, not a promise of income. Revenue climbed to USD 3.2 billion from USD 2.7 billion, while adjusted EBITDA attributable to IEP was a loss of USD 214 million, including USD 522 million of refining hedge losses in the Investment Funds. The USD 0.50 per unit is payable around December 23, 2026, to holders of record on November 16, 2026. Four payments of USD 0.50 total USD 2.00, about 36% of USD 5.55, a simple calculation. A USD 225 million loss in the quarter means the distribution rests on asset values and hedge outcomes.

2. ARMOUR Residential REIT (NYSE:ARR)

At USD 12.52, up 3.22%, ARMOUR Residential REIT (NYSE:ARR) had a market cap of USD 1.86 billion and a 23.74% trailing yield on the November 4, 2026 capture. Yields in this range usually reflect a lower share price measured against past payouts, so ARR is better read as a risk flag than as a promise of income. The screen lists a per-share loss of USD 0.03, an EPS decline of 166.09% and a Buy rating. The November 2026 dividend of USD 0.24 per share was declared by ARMOUR and is payable November 27, 2026, to holders of record on November 16, 2026. Twelve payments of USD 0.24 total USD 2.88, roughly 23% of the USD 12.52 quote, a calculation close to the trailing 23.74%. The concern is that monthly distributions continue only as long as Book Value and Earnings can carry them, and the screen shows a loss per share.

3. Invesco Mortgage Capital (NYSE:IVR)

Invesco Mortgage Capital (NYSE:IVR) shows a 27.12% trailing yield against estimated book value of USD 6.74 per share. Trailing yields move up when the price falls or a one-time payment is counted, so a high IVR figure may reflect history more than the road ahead. Debt to Equity stood at 7.6 times on a GAAP basis, a gauge of how much borrowing sits behind each dollar of equity. The screen lists a loss per share of USD 0.19 and a Neutral rating. Estimated book value was USD 6.74 per share on September 30, 2026, which puts the USD 5.48 screen quote at roughly 81% of it, a simple calculation. The risk is leverage: with debt at 7.6 times equity, even a modest move in asset values could erase book value.

4. MFA Financial (NYSE:MFA)

MFA Financial (NYSE:MFA) reported a third quarter GAAP loss of USD 1.19 per share yet paid USD 0.36 per share on October 30, 2026. Yields above 20% usually reflect a depressed quote against prior distributions, so MFA reads better as a risk flag than as a promise of income. That USD 0.36 dividend, paid October 30, 2026, ran USD 0.10 above distributable earnings, a simple subtraction. GAAP book value was USD 11.12 per share, which places the USD 6.57 screen quote near 59% of it, a simple calculation. Trailing EPS of USD 1.00 and a P/E of 6.56 on the screen clash with the GAAP loss and remain unverified. The concern: the payout exceeds distributable earnings, management's own measure does not cover it, and screen EPS does not match the filing.

5. PennyMac Mortgage Investment Trust (NYSE:PMT)

PennyMac Mortgage Investment Trust (NYSE:PMT) shows a 20.28% trailing yield while its chief executive anticipates a dividend reduction. PMT is here because the screen orders names by trailing yield, a year of payouts against price. The dividend was USD 0.40 per share, and the chief executive said a decrease is expected in order to fund buybacks. The screen lists trailing EPS of USD 0.47 and a Neutral rating; that EPS conflicts with the reported loss and is unverified. Book value was USD 14.03 per share, so the USD 8.11 screen quote is about 58% of it, a simple calculation. The risk is that an expected lower dividend means the 20.28% yield overstates the forward payout.

Where Things Stand

Every one of the five shows a recent payout on record, from Invesco Mortgage Capital (NYSE:IVR) at USD 0.12 to IEP at USD 0.50 per unit, but coverage varies. ARR pays monthly, MFA paid USD 0.36, and the PMT dividend of USD 0.40 faces an expected cut, so a declared payout does not guarantee durability. Because the trailing figure looks backward, a halted, cut or one-time distribution may leave it well above what a holder would collect next. Finance names such as mortgage lenders Fill this screen, since their distributions hinge on earnings and book value, and both can drop fast.