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MITP

25.16000 USD
0.09
0.36%
Last update Aug 7, 3:53 PM EDT
Pre-market
Day range
25.16000
25.16000
Previous close
25.070000
Open
25.16000
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AG Mortgage Investment Trust Preferred Stock ...
25.16
0.09
0.36%

Overview

Description

AG Mortgage Investment Trust Preferred Stock 9.5% 05/15/29 is a type of preferred equity security issued by AG Mortgage Investment Trust, Inc. This specific preferred stock offers a fixed annual dividend yield of 9.5% and has a call date of May 15, 2029. Preferred stocks like this one hold a priority over common equity in terms of dividend payments, making them an attractive option for income-seeking investors. AG Mortgage Investment Trust is focused on acquiring, investing, and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The issuance of preferred stock provides AG Mortgage Investment Trust with capital to finance its investment activities while offering investors a stable income through regular dividend payments. The 9.5% yield indicates a relatively high return, which reflects the issuer's need to attract capital amidst market conditions. In the broader market context, this preferred stock plays a crucial role in offering investors an opportunity to earn fixed income while participating indirectly in the residential mortgage market dynamics. This allows investors to balance their portfolios with income-generating securities amid varying market cycles.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Exchange-Traded note
Sector
Industry
Country
United States
MIC code
XNYS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 4 hours 35 minutes

04:54
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).