AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2021 Common Dividend of $0.21 per Share

Rhea-AI Summary

AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a $0.21 dividend per common share for the fourth quarter of 2021. This dividend is payable on January 31, 2022, to shareholders on record as of December 31, 2021. The company focuses on investing in a diversified portfolio of residential investments and Agency RMBS, and is externally managed by AG REIT Management, LLC, a subsidiary of Angelo Gordon & Co., which manages approximately $48 billion in assets.

Positive

• Dividend of $0.21 per common share enhances shareholder income.
• Strong management by Angelo Gordon with $48 billion in assets.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.21 per common share for the fourth quarter 2021. The dividend is payable on January 31, 2022 to shareholders of record at the close of business on December 31, 2021.

About AG Mortgage Investment Trust, Inc.

AG Mortgage Investment Trust, Inc. is a mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Residential Investments and Agency RMBS. AG Mortgage Investment Trust, Inc. is externally managed and advised by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P., a leading privately-held alternative investment firm focusing on credit and real estate strategies.

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

About Angelo Gordon

Angelo, Gordon & Co., L.P. (“Angelo Gordon”) is a privately held limited partnership founded in November 1988. The firm currently manages approximately $48 billion 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 associated offices elsewhere 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/20211215006021/en/

AG Mortgage Investment Trust, Inc.

Investor Relations

(212) 692-2110

ir@agmit.com

Source: AG Mortgage Investment Trust, Inc.

FAQ

What is the dividend amount declared by MITT for Q4 2021?

AG Mortgage Investment Trust, Inc. has declared a dividend of $0.21 per common share for Q4 2021.

When will the MITT dividend be paid?

The dividend will be payable on January 31, 2022.

What is the record date for the MITT dividend?

The record date for the dividend is December 31, 2021.

How often does MITT declare dividends?

AG Mortgage Investment Trust, Inc. typically declares dividends quarterly.

What strategies does MITT employ in its investments?

MITT opportunistically invests in a diversified risk-adjusted portfolio of Residential Investments and Agency RMBS.