AG Mortgage Investment Trust's Series C Preferred Stock Shares Cross 9.5% Yield Mark
November 23, 2020 at 14:21 PM EST
In trading on Monday, shares of AG Mortgage Investment Trust Inc's 8.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (MITT. RC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $6.00), with shares changing hands as low as $21.27 on the day.