AG Mortgage Investment Trust raises quarterly dividend to $0.18 per share, a 99.9% annual increase over three years.
AG Mortgage Investment Trust (NYSE:MITT) announced a quarterly dividend of $0.18 per share on Mar 15, to be paid on Apr 30. This represents an 11.71% yield and a $0.72 annualized dividend. The ex-dividend date is Mar 27, and the payout ratio is 26.0%. This is a rise from the previous $0.05 quarterly dividend. The company's dividend has increased by an average of 99.9% annually over the past three years.
March 25, 2024
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