MITT Dividend Yield, History, and Stock Split
AG Mortgage Investment Trust, Inc.
(NYSE:MITT)
$5.26
0.00 (0.00%)
At Close: 4:00 PM
$5.25
-0.01 (-0.19%)
After Market: 7:37 PM
MITT stock dividend and stock split
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
0.03
Forward Annual Dividend Rate
0.72
Yield
Trailing Annual Dividend Yield
0.56%
Forward Annual Dividend Yield
13.71%
Dividend Date
Dividend Date
Apr. 27, 2023
Ex-Dividend Date
Dec. 28, 2022
Frequently Asked Questions
Is AG Mortgage Investment Trust, Inc. (MITT) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. AG Mortgage Investment Trust, Inc. is also among the companies that regularly pay dividends.
What is MITT's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MITT's annual dividend yield for the trailing 12 months is 0.56%.
When did MITT last pay a dividend?
MITT last paid dividends on Apr. 27, 2023, with the ex-dividend date being Dec. 28, 2022.
When was the last time MITT stock split?
MITT stock split took place on Jul. 23, 2021.
How did MITT's stock split work?
Its last split took place on Jul. 23, 2021, when AG Mortgage Investment Trust, Inc. went through a 33 : 100 split leaving the shareholder with 33 share(s) who previously owned 100 MITT share(s).