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AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.3% to $0.20 per Share
NEW YORK, March 18, 2025--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the "Company") announced today that, on March 17, 2025, its Board of Directors declared a dividend of $0.20 per common share for the first quarter 2025, representing a 5.3% increase over the prior quarter dividend of $0.19 per common share. The dividend is payable on April 30, 2025 to shareholders of record at the close of business on March 31, 2025.
About this update from Tpg Mortgage Investment Trust, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":236,"url":"https://media.zenfs.com/en/business-wire.com/a74317f1d70f2ce70a7067131e6d97fd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8ITYf2qnimtAyAXk3mqvJA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ3MjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a74317f1d70f2ce70a7067131e6d97fd","width":480,"height":236}},"lazy":false},{"type":"text","content":"NEW YORK, March 18, 2025--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the "Company") announced today that, on March 17, 2025, its Board of Directors declared a dividend of $0.20 per common share for the first quarter 2025, representing a 5.3% increase over the prior quarter dividend of $0.19 per common share. The dividend is payable on April 30, 2025 to shareholders of record at the close of business on March 31, 2025.","length":454,"tagName":"p"},{"type":"text","content":""We are pleased to announce a 5.3% increase in our quarterly common dividend to $0.20 per share as we continue to steadily increase our dividend to align with the earnings power of our investment portfolio and long-term return profile," said TJ Durkin, Chief Executive Officer and President. "We expect to continue to build on the success MITT achieved in 2024, and remain committed to generating long-term value for our shareholders."","length":455,"tagName":"p"},{"type":"text","content":"About AG Mortgage Investment Trust, Inc.","length":40,"tagName":"p"},{"type":"text","content":"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.","length":413,"tagName":"p"},{"type":"text","content":"Additional information can be found on the Company’s website at www.agmit.com.","length":78,"tagName":"p"},{"type":"text","content":"About TPG Angelo Gordon","length":23,"tagName":"p"},{"type":"text","content":"Founded in 1988, Angelo, Gordon & Co., L.P. ("TPG Angelo Go...