AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.6% to $0.19 per Share
“We believe in steadily increasing our dividend to align with our long-term earnings growth, and this increase reflects the sustainability and continuing strength of the earnings power in our investment portfolio along with additional scale created by the recently completed merger,” said TJ Durkin, Chief Executive Officer and President. “We remain committed to executing our strategy to further optimize our capital structure and scale to drive long-term shareholder value.”
About
Additional information can be found on the Company’s website at www.agmit.com.
About TPG
Founded in 1988,
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with the safe harbor provisions. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “will,” “should,” “may,” “projects,” “could,” “estimates” or variations of such words and other similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature, but not all forward-looking statements include such identifying words. Forward-looking statements regarding the Company include, but are not limited to, statements regarding the Company’s ability to execute its strategy, including to further optimize its capital structure and scale to drive long-term shareholder value, the amount and timing of dividends, including the Company’s ability to steadily increase its dividend to align with long-term earnings growth or at all, and the sustainability and continuing strength of the Company’s earnings power. These forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The Company believes these factors include, without limitation, the risk factors contained in the Company’s filings with the
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Investor Relations
(212) 692-2110
ir@agmit.com
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