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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
