By Stephen Nakrosis
AG Mortgage Investment Trust said it was raising its quarterly dividend to 21 cents per share, from 20 cents.
The new dividend. 84 cents on an annual basis, will be payable on July 31 to shareholders of record at the close of business on June 30, the company said.
Based on Tuesday's closing share price of $7.13 per share of AG Mortgage Investment stock, the new dividend represents a yield of about 11.7%.
In March, the company raised its dividend to 20 cents per share from 19 cents.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 17, 2025 17:11 ET (21:11 GMT)
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