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TPG Mortgage Investment Trust's Series A Preferred Stock Crosses Above 11% Yield Territory
Source: Nasdaq
Credit & Bond MarketsCapital Returns (Dividends / Buybacks)
TPG Mortgage Investment Trust’s 8.25% Series A cumulative redeemable preferred shares (MITT.PRA) yielded above 11% based on an annualized quarterly dividend of $2.0625. The shares traded as low as $18.20 on Tuesday; the article provides no further context or market reaction.
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