Company: MITN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001514281-25-000062
Chunk: 71

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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 thousands, except per share data). Three Months EndedMarch 31, 2025March 31, 2024Numerator:  Net Income/(Loss)$11,477 $20,890 Dividends on preferred stock(5,304)(4,586)Net Income/(Loss) Available to Common Stockholders$6,173 $16,304 Denominator:Basic weighted average common shares outstanding29,659 29,453 Diluted weighted average common shares outstanding29,688 29,479 Earnings/(Loss) Per ShareBasic$0.21 $0.55 Diluted$0.21 $0.55 DividendsThe following tables detail the Company's common stock dividends declared during the three months ended March 31, 2025 and 2024.Three Months Ended March 31, 2025Three Months Ended March 31, 2024Declaration DateRecord DatePayment DateCash Dividend Per ShareDeclaration DateRecord DatePayment DateCash Dividend Per Share3/17/20253/31/20254/30/2025$0.20 3/15/20243/29/20244/30/2024$0.18 The following tables detail the Company's preferred stock dividends declared and paid during the three months ended March 31, 2025 and 2024.2025  Cash Dividend Per ShareDeclaration DateRecord DatePayment Date8.25% Series A 8.00% Series B8.000% Series C2/14/20252/28/20253/17/2025$0.51563 $0.50 $0.693062 2024  Cash Dividend Per ShareDeclaration DateRecord DatePayment Date8.25% Series A 8.00% Series B8.000% Series C2/16/20242/29/20243/18/2024$0.51563 $0.50 $0.50 

9. Income taxes

 The Company conducts its operations to qualify and be taxed as a REIT. As a REIT, the Company is not subject to federal income tax to the extent that it makes qualifying distributions to its stockholders, and provided it satisfies on a continuing basis, through actual investment and operating results, the REIT requirements including certain asset, income, distribution, and stock ownership tests. The state and local tax jurisdictions for which the Company