AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2022 Common Dividend of $0.18 per Share
AG Mortgage Investment Trust (NYSE: MITT) declared a $0.18 dividend per common share for Q4 2022, payable on January 31, 2023, to shareholders of record by December 30, 2022. The Company repurchased 0.8 million shares costing $4.4 million, with $8.3 million remaining for future buybacks under its 2022 program. This reinforces MITT's commitment to shareholder returns while strategically managing its capital. AG Mortgage Investment Trust focuses on a diversified portfolio of U.S. residential mortgage assets.
- Declared a dividend of $0.18 per share for Q4 2022.
- Repurchased 0.8 million shares at a cost of $4.4 million.
- Remaining $8.3 million authorized for future stock repurchases.
- None.
During the fourth quarter 2022 and through the date of this press release, the Company repurchased 0.8 million shares of its common stock at a cost of
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