What is the total return of MITN over the past year?
AG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) delivered a total return of 9.83% over the past year when dividends are reinvested. The price-only return was 0.00%, meaning dividends contributed an additional 9.83 percentage points to total returns.
How much would $10,000 invested in MITN be worth today?
A $10,000 investment in AG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 one year ago would be worth $10,983 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $10,000. Dividend reinvestment added $983 to the portfolio value.
Does MITN pay dividends?
Yes, AG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) pays dividends. Over the past year, MITN paid 4 dividends totaling $2.3750 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.