American Capital Mortgage Investment (MTGE) Declares $0.40 Quarterly Dividend; 11.1% Yield

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Go back to American Capital Mortgage Investment (MTGE) Declares $0.40 Quarterly Dividend; 11.1% Yield

American Capital Mortgage Investment Corp. Declares First Quarter Common Stock Dividend of $0.40 Per Share and Announces the Repurchase of 2 Million Shares

March 17, 2016 5:00 PM EDT

BETHESDA, Md., March 17, 2016 /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 first quarter 2016.  The dividend is payable on April 27, 2016 to common shareholders of record as of March 31, 2016, with an ex-dividend date of March 29, 2016.

The Company also announced today that in the first quarter of 2016, it made open market purchases of approximately 2.0 million shares of MTGE common stock, or 4.2% of the Company's... More