AG Mortgage Investment Trust, Inc. Announces Second Quarter 2021 Common Dividend of $0.07 per Share

Rhea-AI Summary

AG Mortgage Investment Trust, Inc. (NYSE: MITT) declared a dividend of $0.07 per common share for Q2 2021, payable on July 30, 2021 to shareholders on record by June 30, 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. With a strategy aimed at risk-adjusted investments, AG Mortgage Investment Trust plays a significant role in the mortgage REIT sector, enhancing potential returns for its shareholders.

Positive

• Declared a dividend of $0.07 per share for Q2 2021.
• Dividend payment enhances shareholder income and company confidence.

Negative

• None.

AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.07 per common share for the second quarter 2021. The dividend is payable on July 30, 2021 to shareholders of record at the close of business on June 30, 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. The Company’s 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., 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. is a privately held limited partnership founded in November 1988. The firm currently manages approximately $44 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 570 employees, including more than 210 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/20210615006102/en/

FAQ

What is the MITT dividend amount for Q2 2021?

AG Mortgage Investment Trust declared a dividend of $0.07 per share for Q2 2021.

When is the MITT dividend payable?

The dividend is payable on July 30, 2021.

What is the record date for the MITT dividend?

Shareholders must be on record by June 30, 2021, to receive the dividend.

How does MITT's dividend impact shareholders?

The declared dividend aims to enhance shareholder income.