AG Mortgage Investment Trust's Series B Preferred Stock Crosses Above 10% Yield Territory
August 05, 2024 at 14:15 PM EDT
In trading on Monday, shares of AG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (MITT. RB) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $19.94 on the day.