Welcome to our dedicated page for AG Mortgage Invt news (Ticker: MITT), a resource for investors and traders seeking the latest updates and insights on AG Mortgage Invt stock.
AG Mortgage Investment Trust Inc (MITT) is a New York-based REIT specializing in residential mortgage-backed securities. This dedicated news hub provides investors with essential updates on corporate developments, financial disclosures, and market trends impacting MITT's portfolio strategy.
Access verified press releases and analysis covering dividend announcements, asset acquisitions, and regulatory compliance matters. Our curated news selection helps stakeholders monitor MITT's risk management practices and responses to U.S. housing market dynamics.
Key content includes earnings call transcripts, SEC filings, and executive commentary on RMBS valuation trends. Bookmark this page for real-time updates on MITT's operational milestones and strategic positioning within the mortgage REIT sector.
AG Mortgage Investment Trust (NYSE: MITT) has announced a 5.3% increase in its quarterly common dividend to $0.20 per share for the first quarter 2025, up from the previous quarter's $0.19 per share. The dividend will be paid on April 30, 2025 to shareholders of record as of March 31, 2025.
CEO and President TJ Durkin stated that the dividend increase aligns with the company's investment portfolio earnings power and long-term return profile. The company expects to build on its 2024 success and remains focused on generating long-term shareholder value.
AG Mortgage Investment Trust (NYSE: MITT) reported strong performance for full year and Q4 2024, achieving an 11.7% annual economic return on equity and 2.4% quarterly economic return. The company posted a book value per share of $10.64 as of December 31, 2024.
Key financial metrics include $1.23 Net Income per diluted share for 2024, $0.76 Earnings Available for Distribution (EAD) per diluted share, and $0.75 dividend per common share for the year. Q4 2024 delivered $0.30 Net Income per diluted share with a $0.19 dividend.
The investment portfolio stands at $6.7 billion with $6.3 billion in financing, maintaining an 11.6x GAAP Leverage Ratio and 1.4x Economic Leverage Ratio. The company maintains a strong liquidity position of $136.9 million and successfully issued $99.5 million in senior unsecured notes during 2024.
AG Mortgage Investment Trust (NYSE: MITT) has scheduled its fourth quarter 2024 earnings release for Monday, March 3, 2025, before market open. The company will host a conference call at 8:30 a.m. Eastern Time on the same day to discuss the results.
Participants can join the call by dialing (800) 245-3047 for domestic calls or (203) 518-9765 for international calls, using Conference ID MITTQ424. A live webcast will be available through the company's registration link, and a presentation will be accessible on MITT's website prior to the call. An audio replay will be available from March 3, 2025, through April 3, 2025, at 9:00 a.m. Eastern Time via the company's website.
AG Mortgage Investment Trust (NYSE: MITT) has released the tax treatment details for its 2024 distributions for common and preferred stockholders. Common stock distributions total $0.81 per share for 2024, with $0.070965 qualifying as qualified dividends and $0.739035 as Section 199A dividends.
The company's preferred stock distributions are as follows:
- Series A (8.25%): Total annual distribution of $2.062520 per share
- Series B (8.00%): Total annual distribution of $2.000000 per share
- Series C (8.000% Fixed-to-Floating Rate): Total annual distribution of $2.233117 per share
All distributions are classified as ordinary dividends with no return of capital or capital gains components. Stockholders are advised to review their tax statements and consult with tax advisors regarding individual reporting positions.
AG Mortgage Investment Trust (NYSE: MITT) has announced its fourth quarter 2024 dividend payment. The company's Board of Directors declared a dividend of $0.19 per common share. The dividend will be paid on January 31, 2025, to shareholders who are recorded as holders by the close of business on December 31, 2024.
AG Mortgage Investment Trust (NYSE: MITT) reported its Q3 2024 financial results, achieving a 3.9% economic return on equity. The company posted a book value of $10.58 per share and net income of $0.40 per diluted common share. MITT's investment portfolio stood at $6.8 billion with $6.4 billion in financing. The company maintained strong liquidity of $119.7 million and declared a quarterly dividend of $0.19 per common share. The company's strategy continues to focus on originating and securitizing residential whole loans.
AG Mortgage Investment Trust (NYSE: MITT) has announced it will release its third quarter 2024 financial results before market open on Tuesday, November 5, 2024. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss the results. Participants can join via phone at (800) 579-2543 (US) or (785) 424-1789 (International) using Conference ID MITTQ324. A live webcast and accompanying presentation will be available on the company's website. An audio replay will be accessible through December 5, 2024.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has announced a dividend of $0.19 per common share for the third quarter of 2024. This dividend will be payable on October 31, 2024 to shareholders of record as of the close of business on September 30, 2024. The announcement comes from the company's Board of Directors, demonstrating their commitment to returning value to shareholders. This dividend declaration provides investors with information about the upcoming cash distribution and the relevant dates for eligibility.
AG Mortgage Investment Trust (NYSE: MITT) reported its Q2 2024 financial results. Key highlights include:
- Book Value per share: $10.63 as of June 30, 2024 (down from $10.84 on March 31, 2024)
- Adjusted Book Value per share: $10.37 as of June 30, 2024 (down 2.0% from March 31, 2024)
- Quarterly economic return on equity: -0.2%
- Net Loss per diluted common share: $0.02
- Earnings Available for Distribution (EAD) per diluted share: $0.21
- Dividend per common share: $0.19 (5.6% increase from Q1)
The company's investment portfolio stood at $6.9 billion as of June 30, 2024. MITT issued $65 million in senior notes and entered the Russell 3000® Index. The company maintains a positive outlook on its portfolio performance and ability to create long-term shareholder value.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has announced its schedule for the release of second quarter 2024 financial results. The company will release its Q2 2024 earnings report before the market opens on Friday, August 2, 2024. Following the release, MITT will host a conference call at 8:30 a.m. Eastern Time on the same day to discuss the results.
Investors can participate in the call by dialing (800) 445-7795 for domestic callers or (203) 518-9848 for international callers. The Conference ID is MITTQ224. A live webcast of the call will also be available on the company's website. For those unable to attend the live call, an audio replay will be accessible from August 2, 2024, through September 2, 2024.
