American Capital Mortgage Investment (MTGE) Declares $0.40 Quarterly Dividend; Updates on Buyback Plan

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Go back to American Capital Mortgage Investment (MTGE) Declares $0.40 Quarterly Dividend; Updates on Buyback Plan

American Capital Mortgage Investment Corp. Declares Fourth Quarter Common Stock Dividend of $0.40 Per Share and Announces the Repurchase of 2.4 Million Shares

December 18, 2015 4:01 PM EST

BETHESDA, Md., Dec. 18, 2015 /PRNewswire/ -- American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company") announced today that its Board of Directors has declared a cash dividend of $0.40 per share of common stock for the fourth quarter 2015.  The dividend is payable on January 27, 2016 to common shareholders of record as of December 31, 2015, with an ex-dividend date of December 29, 2015.

The Company also announced today that in the fourth quarter of 2015, it made open market purchases of approximately 2.4 million shares of MTGE common stock, or 4.8% of the Company's outstanding common shares as... More