Long-term readers of this column would know that here at Income Investors, we are big fans of real estate investment trusts (REITs). These entities are essentially giant landlords. By collecting rent payments from tenants, they can pay regular dividends to investors. However, owning physical properties is not the only thing a REIT can do. They can also invest in mortgages. By collecting mortgage payments from property owners, mortgage REITs (commonly referred to as mREITs) can also dish out reliable dividends to shareholders.
AG Mortgage Investment Trust Inc (NYSE:MITT) is a good example of this. Headquartered in New York City, AG Mortgage Investment Trust invests in a diversified portfolio of residential and commercial mortgage assets, as well as other real estate-related securities and financial assets. As of June 30, 2018, the company’s total investment portfolio had a fair value of approximately $3.6 billion. Right now, the No. 1 reason to consider this mREIT is its generous dividend policy. Earlier this year, the Board of Directors of AG Mortgage Investment Trust raised its quarterly dividend rate from $0.48 per share to $0.50 per share. With MITT stock trading at $18.90 apiece, the company offers investors an annual dividend yield of 10.6%.
Source: Income Investors
Related Articles:
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
- A Disciplined Approach To Dividend Growth Stocks
- 3 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 6 High-Yield REITs With Growing Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Before you go ahead and fill your portfolio with dividend stocks, it would be prudent to check out their market capitalizations as well. Sev...
-
This company yields 12.96%. Management already declared the regular and special September dividends. Its portfolio companies are holding up ...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
The two dividend-paying technology stocks to consider boosted sales significantly, according to their latest quarterly financial reports, ev...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.