Key Developments: AG Mortgage Investment Trust Inc (MITT.N)
25.65USD
17 May 2013
$0.17 (+0.67%)
$25.48
$25.60
$25.75
$25.48
86,463
79,780
$26.91
$19.31
Latest Key Developments (Source: Significant Developments)
AG Mortgage Investment Trust Inc Announces Preferred Stock Dividends Payable On June 17, 2013
AG Mortgage Investment Trust Inc announced that Board Of Directors has declared a cash dividend for the second quarter of $0.51563 per share on its Series A 8.25% Cumulative Redeemable Preferred Stock . The dividend is payable on June 17, 2013 to holders of record at the close of business on May 31, 2013. Additionally, the board of directors declared a cash dividend for the second quarter of $0.50 per share on its Series B 8.00% Cumulative Redeemable Preferred Stock . The dividend is payable on June 17, 2013 to holders of record at the close of business on May 31, 2013. Full Article
AG Mortgage Investment Trust Inc Announces First Quarter 2013 Common Stock Dividend of $0.80 per Share
AG Mortgage Investment Trust Inc announced that its Board of Directors has declared a dividend of $0.80 per common share for the first quarter of 2013. The dividend is payable on April 26, 2013 to shareholders of record as of March 18, 2013, with an ex-dividend date of March 14, 2013. Full Article
AG Mortgage Investment Trust Inc Announces Preferred Stock Dividends Payable On March 18, 2013
AG Mortgage Investment Trust Inc announced that its board of directors has declared a cash dividend of $0.51563 per share on its Series A 8.25% Cumulative Redeemable Preferred Stock for the quarterly period ending on March 16, 2013. The dividend is payable on March 18, 2013 to holders of record on February 28, 2013. Full Article
AG Mortgage Investment Trust Inc Announces Pricing Of Public Offering Of Common Stock
AG Mortgage Investment Trust Inc announced that it has priced a public offering of 3,750,000 shares of its common stock for total estimated gross proceeds of approximately $89 million. The Company has granted the underwriters a 30-day option to purchase up to 562,500 additional shares of its common stock. The offering is subject to customary closing conditions and is expected to close on December 26, 2012. The Company expects to use the net proceeds from the offering to make additional acquisitions of our target assets, which include residential mortgage-backed securities and other real estate-related assets, and for general corporate purposes. Credit Suisse Securities (USA) LLC, BofA Merrill Lynch, Nomura and Stifel Nicolaus Weisel are acting as book-running managers for the offering. JMP Securities LLC, Wunderlich Securities and Maxim Group LLC are acting as co-managers. Full Article
AG Mortgage Investment Trust Inc Announces Public Offering Of Common Stock
AG Mortgage Investment Trust Inc announced that it intends to make a public offering of 3,750,000 shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase up to 562,500 additional shares of its common stock. The Company expects to use the net proceeds from the offering to make additional acquisitions of residential mortgage-backed securities, other real estate-related assets, and for general corporate purposes. Credit Suisse Securities (USA) LLC is acting as the lead book-running manager for the offering. BofA Merrill Lynch, Nomura and Stifel Nicolaus Weisel are acting as book-running managers. JMP Securities LLC, Wunderlich Securities and Maxim Group LLC are acting as co-managers. Full Article
AG Mortgage Investment Trust Inc Announces Fourth Quarter 2012 Common Stock Dividend Of $0.80 Per Share
AG Mortgage Investment Trust Inc announced that its Board of Directors has declared a dividend of $0.80 per common share for the fourth quarter of 2012. The dividend is payable on January 28, 2013 to shareholders of record as of December 18, 2012, with an ex-dividend date of December 14, 2012. Full Article
AG Mortgage Investment Trust Inc Announces Preferred Stock Dividend
AG Mortgage Investment Trust Inc announced that, in accordance with the terms of Series A 8.25% Cumulative Redeemable Preferred Stock, or Series A Preferred Stock, Board of Directors has declared a cash dividend of $0.51563 per share for the quarterly period that began on September 17, 2012 and ends on December 16, 2012. The Series A Preferred Stock dividend is payable on December 17, 2012 to holders of record of Series A Preferred Stock as of November 30, 2012. Full Article
AG Mortgage Investment Trust Inc Announces Pricing Of $100 Million Of 8.00% Series B Cumulative Redeemable Preferred Stock
AG Mortgage Investment Trust Inc announced that it has priced the public offering of 4,000,000 shares of its 8.00% Series B Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share (Series B Preferred Stock), for gross proceeds of $100 million before deducting the underwriting discount and estimated offering expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of the Series B Preferred Stock to cover over-allotments, if any. The offering is expected to close on September 27, 2012, subject to customary closing conditions. The Company expects to use the net proceeds from the offering to enhance its liquidity position, to acquire additional credit investments, consistent with its investment strategy, and for general corporate purposes. Stifel Nicolaus Weisel, RBC Capital Markets, Barclays and Deutsche Bank Securities are the joint book-running managers for the offering. Credit Suisse Securities (USA) LLC, Sterne Agee, Wunderlich Securities, National Securities Corporation and Maxim Group LLC are the co-managers for the offering. Full Article
AG Mortgage Investment Trust Inc Announces Public Offering of Series B Cumulative Redeemable Preferred Stock
AG Mortgage Investment Trust Inc announced that it intends to make a public offering of shares of an original issuance of Series B Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share (the Series B Preferred Stock). The Company intends to grant the underwriters a 30-day option to purchase additional shares of the Series B Preferred Stock to cover any overallotments. The Company also intends to apply to list the Series B Preferred Stock on the New York Stock Exchange. The Company expects to use the net proceeds from the offering to enhance its liquidity position, to acquire additional credit investments, consistent with its investment strategy, and for general corporate purposes. Stifel Nicolaus Weisel, RBC Capital Markets, Barclays and Deutsche Bank Securities are acting as joint book-running managers for the offering. Credit Suisse Securities (USA) LLC, Sterne Agee, Wunderlich Securities, National Securities Corporation and Maxim Group LLC are acting as co-managers for the offering. Full Article
AG Mortgage Investment Trust Inc Announces Third Quarter 2012 Common Stock Dividend of $0.77 per Share
AG Mortgage Investment Trust Inc announced that its Board of Directors has declared a dividend of $0.77 per common share for the third quarter of 2012. The dividend is payable on October 26, 2012 to shareholders of record as of September 18, 2012, with an ex-dividend date of September 14, 2012. The $0.77 dividend represents a $0.07 increase per common share from the second quarter. Full Article
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