Forbes -
26 Aug 2013 19:55

On 8/28/13, AG Mortgage Investment Trust Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (NYSE: MITT.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/17/13. As a percentage of MITT.PRA's recent share price of $23.79, this dividend works out to approximately 2.17%, so look for shares of MITT.PRA to trade 2.17% lower ? all else being equal ? when MITT.PRA shares open for trading on 8/28/13. On an annualized basis, the current yield is approximately 8.66%,...
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