AG Mortgage Investment Trust, Inc. Announces Third Quarter 2024 Common Dividend of $0.19 per Share

Rhea-AI Summary

AG Mortgage Investment Trust, Inc. (NYSE: MITT) has announced a dividend of $0.19 per common share for the third quarter of 2024. This dividend will be payable on October 31, 2024 to shareholders of record as of the close of business on September 30, 2024. The announcement comes from the company's Board of Directors, demonstrating their commitment to returning value to shareholders. This dividend declaration provides investors with information about the upcoming cash distribution and the relevant dates for eligibility.

Positive

• Consistent dividend payment, indicating financial stability
• Maintaining shareholder returns through dividend distribution

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors has declared a dividend of $0.19 per common share for the third quarter 2024. The dividend is payable on October 31, 2024 to shareholders of record at the close of business on September 30, 2024.

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 diversified credit and real estate investing platform within TPG.

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

About TPG Angelo Gordon

Founded in 1988, Angelo, Gordon & Co., L.P. (“TPG Angelo Gordon”) is a diversified credit and real estate investing platform within TPG. The platform currently manages approximately $86 billion across a broad range of credit and real estate strategies. For more information, visit www.angelogordon.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240916957111/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 for MITT stock in Q3 2024?

AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a dividend of $0.19 per common share for the third quarter of 2024.

When is the ex-dividend date for MITT's Q3 2024 dividend?

The press release does not specify the ex-dividend date. Typically, the ex-dividend date is one business day before the record date, which in this case is September 30, 2024.

What is the payment date for MITT's Q3 2024 dividend?

The dividend is payable on October 31, 2024 to eligible shareholders.

Who is eligible to receive MITT's Q3 2024 dividend?

Shareholders of record at the close of business on September 30, 2024 are eligible to receive the dividend.