AG Mortgage Investment Trust, Inc. Announces Second Quarter 2022 Common Dividend of $0.21 per Share

Rhea-AI Summary

AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a second-quarter 2022 dividend of $0.21 per common share. This dividend is payable on July 29, 2022 to shareholders of record by the close of business on June 30, 2022. As a residential mortgage REIT, the company focuses on investing in a diversified portfolio of residential mortgage-related assets within the U.S. market, managed by AG REIT Management, a subsidiary of Angelo Gordon & Co.

Positive

• Declared a dividend of $0.21 per share for Q2 2022.
• Dividend payment reflects company confidence in financial stability.

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 second quarter 2022. The dividend is payable on July 29, 2022 to shareholders of record at the close of business on June 30, 2022.

About AG Mortgage Investment Trust, Inc.

AG Mortgage Investment Trust, Inc. is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. 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 $50 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 600 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/20220615005933/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 Q2 2022?

The dividend amount declared by AG Mortgage Investment Trust, Inc. for Q2 2022 is $0.21 per common share.

When is the payment date for the MITT dividend?

The dividend payment date for MITT is July 29, 2022.

Who are the shareholders of record for the MITT dividend?

The shareholders of record for the MITT dividend are those on record by the close of business on June 30, 2022.

What type of company is AG Mortgage Investment Trust, Inc.?

AG Mortgage Investment Trust, Inc. is a residential mortgage REIT, focusing on residential mortgage-related assets in the U.S. market.