On August 31, 2026, TPG Mortgage Investment Trust Inc.’s 8.00% Series B Cumulative Redeemable Preferred Stock (Symbol: MITT.PRB) will trade ex-dividend for its quarterly payment of $0.50, payable on September 17, 2026. With a recent share price of $21.12, this dividend represents a yield of approximately 2.37%, and shares are expected to open approximately 2.37% lower that day, all else being equal. The annualized yield is about 9.51%, significantly higher than the average yield of 8.09% in the “Real Estate” preferred stock category.
As of Thursday’s trading, MITT.PRB is up about 0.5%, mirroring the performance of common shares (Symbol: MITT). Additionally, TPG Mortgage Investment Trust Inc. constitutes 5.06% of the Kingsbarn Dividend Opportunity ETF (DVDN).
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