AG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on June 17, 2021
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NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors (the “Board”) has declared second quarter 2021 preferred stock dividends.
In accordance with the terms of its 8.25% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), the Board declared a quarterly cash dividend of $0.51563 per share on its Series A Preferred Stock.
In accordance with the terms of its 8.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”), the Board declared a quarterly cash dividend of $0.50 per share on its Series B Preferred Stock.
In accordance with the terms of its 8.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”), the Board declared a quarterly cash dividend of $0.50 per share on its Series C Preferred Stock.
Dividends for the Series A Preferred Stock, the Series B Preferred Stock, and the Series C Preferred Stock are payable on June 17, 2021 to preferred shareholders of record on May 28, 2021.
About AG Mortgage Investment Trust, Inc.
AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Credit Investments and Agency RMBS. The Company’s Credit Investments include Residential Investments and Commercial Investments. 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. is a privately held limited partnership founded in November 1988. The firm currently manages approximately $43 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 550 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.
AG Mortgage Investment Trust, Inc.
Source: AG Mortgage Investment Trust, Inc.
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