Reminder - AG Mortgage Investment Trust (MITT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/18/15, AG Mortgage Investment Trust Inc (MITT) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 7/31/15. As a percentage of MITT's recent stock price of $18.38, this dividend works out to approximately 3.26%, so look for shares of AG Mortgage Investment Trust Inc to trade 3.26% lower — all else being equal — when MITT shares open for trading on 6/18/15.

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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:

MITT+Dividend+History+Chart

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 13.06% 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:

AG Mortgage Investment Trust Inc 200 Day Moving Average Chart

Looking at the chart above, MITT's low point in its 52 week range is $17.78 per share, with $20.09 as the 52 week high point — that compares with a last trade of $18.44.

According to the ETF Finder at ETF Channel, MITT makes up 2.11% of the SuperDividend U.S. ETF ( DIV) which is trading higher by about 0.1% on the day Tuesday.

According to Preferred Stock Channel, there are 2 series of preferred stock that are senior to MITT — find out what they are ».

In Tuesday trading, AG Mortgage Investment Trust Inc shares are currently up about 0.5% on the day.

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