dividend
confidence high
sentiment neutral
materiality 0.60
MITT declares $0.08 interim Q4 common dividend ahead of Nov 9 merger close with WMC
TPG Mortgage Investment Trust, Inc.
- Interim dividend of $0.08 per share payable Nov 8 to holders of record Nov 3.
- Remaining Q4 dividend expected to be declared in December in ordinary course.
- Dividend mandated by merger agreement; WMC also distributing similar partial dividend.
- Merger of WMC into MITT expected to close on or about November 9, 2023.