AG Mortgage Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
AG Mortgage Investment Trust is a dividend paying company with a current yield of 10.83% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
10.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 10.8% |
| Future Dividend Yield | 11.0% |
| Dividend Growth | -3.1% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$0.760 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy
Feb 14AG Mortgage Investment: Income Name On Sale
Sep 11AG Mortgage: Good Signs Are Popping Up, But Still Not Enough
May 26AG Mortgage Investment Trust Q4 2022 Earnings Preview
Feb 22AG Mortgage Investment Trust dividend declines by 14.3% to $0.18
Dec 20AG Mortgage Investment Trust Non-GAAP EPS of -$0.03 misses by $0.22, Total interest income of $15.49M beats by $0.56M
Nov 04AG Mortgage Investment: A High Yielding Relatively Risky mREIT At A Risk-Adjusted Price
Oct 24AG Mortgage Investment sees Q3 book value sliding, while liquidity stays strong
Oct 17AG Mortgage Investment promotes its president to CEO
Sep 22AG Mortgage Investment Trust declares $0.21 dividend
Sep 15AG Mortgage Investment Trust Non-GAAP EPS of $0.08
Aug 03AG Mortgage Investment: Generating High Yield, Trading At Discount
Jun 28AG Mortgage: Low Investment Portfolio Yield
Apr 14AG Mortgage Investment Trust: Growing Dividend Priced At A Discount
Aug 26AG Mortgage Investment Trust, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06AG Mortgage Investment Trust declares $0.03 dividend
Dec 23AG Mortgage: There Is No Recovery Coming
Dec 21AG Mortgage Investment Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 10AG Mortgage Investment Trust reports Q3 results
Nov 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MITT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MITT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| AG Mortgage Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MITT) | 10.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Mortgage REITs) | 12.6% |
| Analyst forecast (MITT) (up to 3 years) | 11.0% |
Notable Dividend: MITT's dividend (10.83%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MITT's dividend (10.83%) is in the top 25% of dividend payers in the US market (4.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), MITT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.7%), MITT's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AG Mortgage Investment Trust, Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Bruce | BofA Global Research |
| Boris Pialloux | B. Riley Wealth |
| Eric Hagen | BTIG |