On 11/25/15, AG Mortgage Investment Trust Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (Symbol: MITT.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/17/15. As a percentage of MITT.PRA's recent share price of $24.30, this dividend works out to approximately 2.12%, so look for shares of MITT.PRA to trade 2.12% lower - all else being equal - when MITT.PRA shares open for trading on 11/25/15. On an annualized basis, the current yield is approximately 8.56%, which compares to an average yield of 7.09% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of MITT.PRA shares, versus MITT:
Below is a dividend history chart for MITT.PRA, showing historical dividends prior to the most recent $0.5156 on AG Mortgage Investment Trust Inc's 8.25% Series A Cumulative Redeemable Preferred Stock :
According to the ETF Finder at ETF Channel, AG Mortgage Investment Trust Inc (Symbol: MITT) makes up 2.05% of the SuperDividend U.S. ETF ( DIV ) which is trading up by about 0.2% on the day Monday.
In Monday trading, AG Mortgage Investment Trust Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (Symbol: MITT.PRA) is currently up about 0.9% on the day, while the common shares (Symbol: MITT) are trading flat.
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