AG Mortgage Investment Trust, Inc. announced a 5.3% increase in its quarterly common dividend, raising it to $0.20 per share for the first quarter of 2025. This represents an increase from the prior quarter's dividend of $0.19 per share.
The increased dividend is payable on April 30, 2025, to shareholders of record at the close of business on March 31, 2025. CEO TJ Durkin stated that this increase aligns with the earnings power of the investment portfolio and the company's long-term return profile.
This dividend hike signals management's confidence in the company's financial health and its ability to generate consistent earnings. The company aims to continue building on its success from 2024 and remains committed to creating long-term value for shareholders.
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