dividend
confidence high
sentiment neutral
materiality 0.50
MITT declares $0.05 second interim Q4 dividend due to WMC merger adjournment
TPG Mortgage Investment Trust, Inc.
- MITT declares $0.05 per share second interim Q4 common dividend, payable Jan 2, 2024 to holders of record Nov 30, 2023.
- Dividend covers period from Nov 8 (first interim) through Dec 5, day before expected Dec 6 closing of WMC merger.
- Adjournment of WMC special meeting to Dec 5 prompted the additional dividend.
- MITT expects to declare remaining Q4 dividend in ordinary course in December 2023.