Welcome to our dedicated page for AG Mortgage Invt news (Ticker: MITT), a resource for investors and traders seeking the latest updates and insights on AG Mortgage Invt stock.
AG Mortgage Investment Trust Inc (MITT) is a New York-based REIT specializing in residential mortgage-backed securities. This dedicated news hub provides investors with essential updates on corporate developments, financial disclosures, and market trends impacting MITT's portfolio strategy.
Access verified press releases and analysis covering dividend announcements, asset acquisitions, and regulatory compliance matters. Our curated news selection helps stakeholders monitor MITT's risk management practices and responses to U.S. housing market dynamics.
Key content includes earnings call transcripts, SEC filings, and executive commentary on RMBS valuation trends. Bookmark this page for real-time updates on MITT's operational milestones and strategic positioning within the mortgage REIT sector.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a dividend of $0.18 per common share for Q1 2023. This dividend will be paid on April 28, 2023, to shareholders on record as of March 31, 2023. The company operates as a residential mortgage REIT, focusing on a diversified portfolio of mortgage-related assets in the U.S. mortgage market. AG Mortgage is externally managed by AG REIT Management, a subsidiary of Angelo, Gordon & Co., which manages approximately $53 billion in assets.
AG Mortgage Investment Trust (MITT) reported financial results for 2022, showing a 23% decrease in Book Value per share from $14.64 in 2021 to $11.39. The Annual Economic Return on Equity was (17.3)%, with a net loss of $(3.12) per share and earnings available for distribution of $0.08 per share. Despite challenges, the company noted a 3% increase in book value during Q4 2022 and reported a quarterly economic return on equity of 5.0%. The investment portfolio totaled $4.2 billion, with $2.6 billion in loans purchased in 2022. The company also executed a rated securitization of $271.2 million, converting recourse financing into more stable non-recourse financing.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has announced it will release its fourth quarter 2022 financial results on February 23, 2023, before market opening. Following the release, a conference call will be held at 8:30 a.m. ET the same day to discuss the results. Participants can join by calling (800) 445-7795 for domestic or (785) 424-1699 for international calls, with Conference ID MITTQ422. An accompanying presentation will be available on the company's investor relations website.
Audio replays of the call will be accessible from February 23 to March 23, 2023.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced the tax treatment of distributions for common and preferred stocks paid in 2022. Shareholders are advised to review their 2022 tax statements, as the common stock distribution on January 31, 2022, will count as a 2022 distribution for tax purposes. The total common stock distribution per share for 2022 is
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