AG Mortgage Investment Trust's Series B Preferred Stock Crosses Above 10.5% Yield Territory
April 23, 2024 at 14:45 PM EDT
In trading on Tuesday, shares of AG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (MITT. RB) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $18.90 on the day.