AG Mortgage Investment Trust's Series C Preferred Stock Yield Pushes Past 11.5%
May 30, 2023 at 14:06 PM EDT
In trading on Tuesday, shares of AG Mortgage Investment Trust Inc's 8.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (MITT. RC) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $17.20 on the day.