AG Mortgage Investment Trust Inc(NYSE:MITT) Declares Dividend of $0.4750.

AG Mortgage Investment Trust Inc (NYSE:MITT) had declared a cash dividend of $0.4750 on Jun 9, 2016. The shares will quote ex-dividend on Jun 16, 2016 and the record date has been fixed for Jun 20, 2016. On Jun 9, 2016 share price, the yield comes out to be 12.9781%. The dividend payable date has been fixed on Jul 29, 2016.

AG Mortgage Investment Trust Inc (MITT) made into the market gainers list on Wednesdays trading session with the shares advancing 0.14% or 0.02 points. Due to strong positive momentum, the stock ended at $14.51, which is also near the day’s high of $14.5917. The stock began the session at $14.5 and the volume stood at 1,40,021 shares. The 52-week high of the shares is $18.75 and the 52 week low is $10.33. The company has a current market capitalization of $409 M and it has 2,81,71,240 shares in outstanding.

AG Mortgage Investment Trust Inc(MITT) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $22.14M. Analysts had an estimated revenue of $26.01M. Earnings per share were $0.40. Analysts had estimated an EPS of $0.50.

Several Insider Transactions has been reported to the SEC. On Mar 2, 2016, Brian C. Sigman (CFO) purchased 6,100 shares at $12.28 per share price.

AG Mortgage Investment Trust Inc. is a real estate investment trust (REIT). The Company is focused on investing in acquiring and managing a diversified portfolio of residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) or any agency of the United States Government such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS) and other real estate-related securities and financial assets including Non-Agency RMBS asset backed securities (ABS) commercial mortgage-backed securities (CMBS) and loans. The majority of the Company’s portfolio consists of mortgage-backed securities specifically RMBS.

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