Preferred Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door Stock message boards
Quotes delayed 20 minutes


Hold (2.00 out of 4)
6th percentile
(ranked lower than approx. 94% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
www.valueforum.com/7/
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Friday, May 26, 4:37 PM

Slide #336. AG Mortgage Investment Trust, Inc. Preferred Stock Offering

Company: AG Mortgage Investment Trust, Inc. (NYSE:MITT)
Date announced: 9/19/2012
$Amount Offered: $100,000,000
Date of Pricing: 9/20/2012
Price Per Share: $25
Preferred Stock Offering Details: 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. --updated 9/20/12 -- 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 (the "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.

AG Mortgage Investment Trust is a real estate investment trust focused on investing in, acquiring and managing a portfolio of residential mortgage assets, other real estate-related securities and financial assets. Co.'s portfolio is comprised of mortgage-backed securities, specifically residential mortgage-backed securities (RMBS). Co.'s Agency RMBS investments include mortgage pass-through securities, securities entitling the holder only to the interest payments made on the mortgages underlying certain MBS, and collateralized mortgage obligations, among others. Co.'s Non-Agency RMBS investments may include investment grade and non-investment grade fixed- and floating-rate securities.

Preferreds: MITT.PRA, MITT.PRB


Open the MITT Page at Preferred Stock Channel »

Name:  AG Mortgage Investment Trust Inc
Sector:  REITs
Number of ETFs Holding MITT:  23 (see which ones)
Total Market Value Held by ETFs:  $42,215,774
Total Market Capitalization:  $518,000,000
% of Market Cap. Held by ETFs:  8.15%
 

Open the MITT Page at Preferred Stock Channel (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 336 of 356 | www.PreferredStockChannel.com | Copyright © 2011 - 2017, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.