MITT AG Mortgage Investment Trust dividend history, payout ratio & dates
AG Mortgage Investment Trust's most recent dividend of $0.19 per share was on Sep 30, 2024 (ex-date). The annualized payout of $0.74 per share represents a current dividend yield of 10.23%.
Key dates
- MITT last dividend date: Sep 30, 2024
MITT dividend stats
vs. Real Estate sector
Dividend yield
AG Mortgage Investment Trust's dividend yield of 10.23% is higher than the Real Estate sector average but lower than the industry average. In comparison with the Real Estate sector average of 6%, AG Mortgage Investment Trust's dividend yield is 71% higher. Historically MITT's dividend yield has averaged at 10.8% in the last 5 years, which is higher than the current one.
Dividend history
AG Mortgage Investment Trust has a history of paying dividends since 2012. Our records of MITT show that the company has issued six dividends in the last twelve months. The annualized DPS has increased by 2.8% for the last year. But since the stock price has gone up by 48% from a year ago, the dividend yield has decreased by 30%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.19 | 9.85% |
| Jun 28, 2024 | $0.19 | 10.99% |
| Mar 27, 2024 | $0.18 | 11.98% |
| Dec 28, 2023 | $0.05 | 11.23% |
| Nov 29, 2023 | $0.05 | 15.89% |
| Nov 2, 2023 | $0.08 | 15.66% |
| Sep 28, 2023 | $0.18 | 13.14% |
| Jun 29, 2023 | $0.18 | 12.27% |
| Mar 30, 2023 | $0.18 | 14.03% |
| Dec 29, 2022 | $0.18 | 15.08% |
| Sep 29, 2022 | $0.21 | 20.05% |
| Jun 29, 2022 | $0.21 | 12.46% |
| Mar 30, 2022 | $0.21 | 9.25% |
| Dec 30, 2021 | $0.21 | 7.83% |
| Sep 29, 2021 | $0.21 | 6.11% |
| Jun 29, 2021 | $0.21 | 3.79% |
| Mar 31, 2021 | $0.18 | 2.23% |
| Dec 30, 2020 | $0.09 | 0.99% |
| Dec 30, 2019 | $1.35 | 12.31% |
| Sep 27, 2019 | $1.35 | 12.85% |
| Jun 27, 2019 | $1.5 | 12.67% |
| Mar 28, 2019 | $1.5 | 11.83% |
| Dec 28, 2018 | $1.5 | 12.18% |
| Sep 27, 2018 | $1.5 | 10.79% |
| Jun 28, 2018 | $1.5 | 8.19% |
| Mar 28, 2018 | $1.425 | 8.86% |
| Dec 28, 2017 | $1.425 | 7.94% |
| Sep 28, 2017 | $0.3 | 7.9% |
| Jun 15, 2017 | $1.425 | 10.06% |
| Mar 17, 2017 | $1.425 | 10.74% |
| Dec 15, 2016 | $1.425 | 11.47% |
| Sep 21, 2016 | $1.425 | 11.98% |
| Jun 16, 2016 | $1.425 | 14.18% |
| Mar 17, 2016 | $1.425 | 16.85% |
| Dec 17, 2015 | $1.425 | 17.21% |
| Sep 17, 2015 | $1.8 | 14.87% |
| Jun 18, 2015 | $1.8 | 13.27% |
| Mar 19, 2015 | $1.8 | 12.95% |
AG Mortgage Investment Trust dividend payout ratio
Payout ratio
AG Mortgage Investment Trust's payout ratio of 44.8% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 137.4%, AG Mortgage Investment Trust's payout ratio is 67% lower.
Total amount of dividends paid per financial year (from cash flow)
MITT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CMCT CIM Commercial Trust Corp | 55.63% | $0.28 | N/A |
| MITT AG Mortgage Investment Trust Inc | 9.98% | $0.74 | 44.8% |
| ALX Alexanders Inc | 7.77% | $18 | 179.1% |
| HST Host Hotels & Resorts Inc | 4.5% | $0.8 | 74.8% |
| TIPT Tiptree Inc | 1.17% | $0.23 | 27.4% |
Frequently asked questions
Does AG Mortgage Investment Trust pay a dividend?
Yes, AG Mortgage Investment Trust has paid six dividends in the last 12 months. MITT has been paying dividends since 2012.
When was MITT's last dividend?
AG Mortgage Investment Trust's last dividend ex-date was on Sep 30, 2024. The dividend amount was $0.19 per share.
How much dividend does AG Mortgage Investment Trust pay (per share)?
On an annual basis MITT pays $0.74 per share.
What is AG Mortgage Investment Trust's dividend yield?
AG Mortgage Investment Trust's current dividend yield is 10.23%.
What is AG Mortgage Investment Trust's dividend payout ratio?
The dividend payout ratio of AG Mortgage Investment Trust is 44.8%.
Does AG Mortgage Investment Trust pay a good dividend?
AG Mortgage Investment Trust's dividend yield is higher than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.