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
-
How do you assess risk? Different investors have different approaches, and when a Black Swan event topples the market, risk assessment becom...
-
Today, we’ll look at three high-yield dividend stocks that have earned a ‘perfect 10’ from the Smart Score. For investors seeking a clear fo...
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
“Research shows that dividend cuts are associated with significant share price declines on announcement,” Cornell University Professor of Fi...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
With interest rates at historic lows and bond-yields heading down quickly, the payouts from dividend stocks are becoming more and more appea...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
Dividend investing is a great way for investors to earn reliable income. Dividend stocks tend to have stable, cash-generating business model...
-
We’ve pulled up the details on some of Oppenheimer's recommendations. These are stocks with a specific set of clear attributes, that fre...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.