This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AG Mortgage Investment Trust, Inc. Announces Tax Treatment Of 2012 Dividend Distributions

AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”), a real estate investment trust (REIT), announced today the tax treatment of common and preferred stock dividends declared in 2012. This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company.

Stockholders should review the 2012 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Also, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company’s dividend distributions.

During 2012, the Company did not generate qualified dividends income. Additionally, because the Company is a REIT, dividends declared in the last month of a calendar year with a record date in that calendar year, but which are payable in January of the following year, are considered paid for Form 1099 reporting purposes on the record date, not on the payable date, to the extent the REIT has any remaining undistributed earnings and profits (as computed for income tax purposes) as of December 31 of that calendar year.

The Company's dividend distributions per share of common stock (CUSIP #001228105) are to be classified for income tax purposes as follows:
                       

Security Description
   

Declaration Date
   

Record Date
    Payable Date    

2012 Distribution Per Share
   

2012 Ordinary Dividends
   

2012 Capital Gains
Common Stock     12/06/2012     12/18/2012     1/28/2013     $0.80     $0.69192     $0.10808
Common Stock     9/06/2012     9/18/2012     10/26/2012     $0.77     $0.66597     $0.10403
Common Stock     6/07/2012     6/29/2012     7/27/2012     $0.70     $0.60543     $0.09457
Common Stock     3/14/2012     3/30/2012     4/27/2012     $0.70     $0.60543     $0.09457
Totals     $2.97     $2.56875     $0.40125
 

The distributions per share of Series A 8.25% Cumulative Redeemable Preferred Stock (CUSIP #001228204) are to be classified for income tax purposes as follows:
                       
Security Description    

Declaration Date
    Record Date     Payable Date    

2012 Distribution Per Share
   

2012 Ordinary Dividends
   

2012 Capital Gains
Series A Preferred     11/16/2012     11/30/2012     12/17/2012     $0.51563     $0.44597     $0.06966
Series A Preferred     8/17/2012     8/31/2012     9/17/2012     $0.25210     $0.21804     $0.03406
Totals     $0.76773     $0.66401     $0.10372
 

The distributions per share of Series B 8.00% Cumulative Redeemable Preferred Stock (CUSIP #001228303) are to be classified for income tax purposes as follows:
                       
Security Description    

Declaration Date
    Record Date     Payable Date    

2012 Distribution Per Share
   

2012 Ordinary Dividends
   

2012 Capital Gains
Series B Preferred     11/16/2012     11/30/2012     12/17/2012     $0.44     $0.38056     $0.05944
 

About AG Mortgage Investment Trust, Inc.

AG Mortgage Investment Trust, Inc. is a real estate investment trust that invests in, acquires and manages a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. AG Mortgage Investment Trust, Inc. is externally managed and advised by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P., an SEC-registered investment adviser that specializes in alternative investment activities.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs