AG Mortgage Investment Trust, Inc. Announces First Quarter 2021 Common Dividend of $0.06 Per Share

Rhea-AI Summary

AG Mortgage Investment Trust (NYSE: MITT) has declared a dividend of $0.06 per common share for Q1 2021. This dividend is scheduled for payment on April 30, 2021, to shareholders on record as of the close on April 1, 2021. The company focuses on a diversified portfolio of Credit Investments and Agency RMBS, managed by AG REIT Management, a subsidiary of Angelo Gordon & Co.

Positive

• Dividend declaration of $0.06 per share provides income for shareholders.
• Scheduled payment date and record date provide clarity for investors.

Negative

• None.

AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced that its Board of Directors has declared a dividend of $0.06 per common share for the first quarter 2021. The dividend is payable on April 30, 2021 to shareholders of record at the close of business on April 1, 2021.

About AG Mortgage Investment Trust, Inc.

AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Credit Investments and Agency RMBS. Its Credit Investments include Residential Investments and Commercial Investments. AG Mortgage Investment Trust, Inc. is externally managed and advised by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P., an SEC-registered investment adviser that specializes in alternative investment activities.

Additional information can be found on the Company’s website at www.agmit.com.

About Angelo Gordon

Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988. The firm manages approximately $43 billion as of December 31, 2020 with a primary focus on credit and real estate strategies. Angelo Gordon has over 550 employees, including more than 200 investment professionals, and is headquartered in New York, with offices in the U.S., Europe and Asia. For more information, visit www.angelogordon.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210322005766/en/

FAQ

What is the dividend amount declared by MITT for Q1 2021?

AG Mortgage Investment Trust declared a dividend of $0.06 per common share for Q1 2021.

When is the dividend for MITT payable?

The dividend is payable on April 30, 2021.

What is the record date for MITT's dividend?

The record date for the dividend is April 1, 2021.