Looking at the universe of stocks we cover at Dividend Channel, on 12/16/13, AG Mortgage Investment Trust Inc (MITT) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 1/27/14. As a percentage of MITT's recent stock price of $16.01, this dividend works out to approximately 3.75%, so look for shares of AG Mortgage Investment Trust Inc to trade 3.75% lower — all else being equal — when MITT shares open for trading on 12/16/13.
Below is a dividend history chart for MITT, showing historical dividends prior to the most recent $0.60 declared by AG Mortgage Investment Trust Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MITT is likely to continue, and whether the current estimated yield of 14.99% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MITT shares, versus its 200 day moving average:Looking at the chart above, MITT's low point in its 52 week range is $15.18 per share, with $26.94 as the 52 week high point — that compares with a last trade of $16.00.
According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to MITT — find out what they are ». In Thursday trading, AG Mortgage Investment Trust Inc shares are currently up about 0.1% on the day.