In trading on Tuesday, shares of AG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (MITT.PRB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $20.99 on the day. This compares to an average yield of 7.75% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, MITT.PRB was trading at a 15.68% discount to its liquidation preference amount, versus the average discount of 5.93% in the "Real Estate" category.
The chart below shows the one year performance of MITT.PRB shares, versus MITT:
Below is a dividend history chart for MITT.PRB, showing historical dividend payments on AG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock:
In Tuesday trading, AG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (MITT.PRB) is currently down about 0.1% on the day, while the common shares (MITT) are up about 2.5%.
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