My Dividend Calculator

TPG Mortgage Investment Trust, Inc. 8.00% Series B Cumulative Redeemable Preferred Stock, preferred

MITTpB Dividend Calculator & History

MITTpB pays $0.50 a share a quarter, about 11.71% a year.

11.71%
Trailing yield
$2.00
Paid per share in 12 months
$17.08
Close on Nov 2
MITTpB dividend
Last payment
Sep 17, 2026
Pay to the order of
You
$292.74
Two hundred ninety-two and 74/100 dollars
Estimate for 585.5 shares at $0.50 a share
NOV
30
Next ex-dividend date
About this date, our estimate
 
–
Next pay date
Not declared
SEP
17
Last paid
$0.50 a share, ex-date Aug 31, 2026
NOV
3
Paid: quarterly
Data as of this date

The ex-date is our estimate from recent gaps between payments, since none is declared yet.

The share price fell 22.3% between month-end closes a year apart, which is part of why the yield looks this high and belongs in any income estimate.

MITTpB cut its payment by 67%, from $1.50 to $0.50 with the Feb 25, 2021 ex-date, and it has stayed there since.

MITTpB dividend history

What $10,000 of MITTpB collected on each of the last 14 payments. One coin is $20.

$293
Jun
2023
$293
Sep
$293
Dec
$293
Mar
2024
$293
Jun
$293
Sep
$293
Dec
$293
Mar
2025
$293
Jun
$293
Sep
$293
Dec
$293
Mar
2026
$293
Jun
$293
Sep

How much MITTpB do I need for $100 a month?

MITTpB pays about $0.17 a share per month at its recent rate, so $100 a month takes about 600 shares, or about $10,248 at the last close.

To collect a month
$100
600 shares
$10,248 at the last close
To collect a month
$200
1,200 shares
$20,496 at the last close
To collect a month
$500
3,000 shares
$51,240 at the last close
To collect a month
$1,000
6,000 shares
$102,480 at the last close

MITTpB income calculator

Shares at the last close585.48
MITTpB income a year$1,170.96
MITTpB income a month$97.58

Every MITTpB payment on record

$0.50
$1.00
$1.50
Nov 27, 2020: $1.50Feb 25, 2021: $0.50May 27, 2021: $0.50Aug 30, 2021: $0.50Nov 29, 2021: $0.50Feb 25, 2022: $0.50May 27, 2022: $0.50Aug 30, 2022: $0.50Nov 29, 2022: $0.50Feb 27, 2023: $0.50May 30, 2023: $0.50Aug 30, 2023: $0.50Nov 29, 2023: $0.50Feb 28, 2024: $0.50May 31, 2024: $0.50Aug 30, 2024: $0.50Nov 29, 2024: $0.50Feb 28, 2025: $0.50May 30, 2025: $0.50Aug 29, 2025: $0.50Nov 28, 2025: $0.50Feb 27, 2026: $0.50May 29, 2026: $0.50Aug 31, 2026: $0.50
2020202220242026
Ex-datePay dateAmountKind
Aug 31, 2026Sep 17, 2026$0.50
May 29, 2026Jun 17, 2026$0.50
Feb 27, 2026Mar 17, 2026$0.50
Nov 28, 2025Dec 17, 2025$0.50
Aug 29, 2025Sep 17, 2025$0.50
May 30, 2025Jun 17, 2025$0.50
Feb 28, 2025Mar 17, 2025$0.50
Nov 29, 2024Dec 17, 2024$0.50
Aug 30, 2024Sep 17, 2024$0.50
May 31, 2024Jun 17, 2024$0.50
Feb 28, 2024Mar 18, 2024$0.50
Nov 29, 2023Dec 18, 2023$0.50
Show the 12 earlier payments
Aug 30, 2023Sep 18, 2023$0.50
May 30, 2023Jun 20, 2023$0.50
Feb 27, 2023Mar 17, 2023$0.50
Nov 29, 2022Dec 19, 2022$0.50
Aug 30, 2022Sep 19, 2022$0.50
May 27, 2022Jun 17, 2022$0.50
Feb 25, 2022Mar 17, 2022$0.50
Nov 29, 2021Dec 17, 2021$0.50
Aug 30, 2021Sep 17, 2021$0.50
May 27, 2021Jun 17, 2021$0.50
Feb 25, 2021Mar 17, 2021$0.50
Nov 27, 2020Dec 17, 2020$1.50

MITTpB payment changes and cuts

Each row is a regular payment that differs from the one before it. A fall can follow a spin-off as well as a real cut: the record shows what changed, not why.

Ex-dateFromToChange
Feb 25, 2021$1.50$0.50-66.7%

MITTpB yield on cost

MITTpB bought at $13.66 has a yield on cost of 14.64%, against 11.71% for someone buying at the last close of $17.08.

MITTpB yield rank

MITTpB's 11.71% trailing yield is higher than or equal to 96% of the 394 paying preferred shares we track.

MITTpB DRIP projection

Value after 10 years, reinvested$31,713
Income in the last year, reinvested$3,457
Value after 10 years, taking cash$10,000
Cash collected along the way$11,710
ReinvestedTaking cash, value plus cash
$20,000
Yr 1Yr 3Yr 5Yr 7Yr 9

This is an estimate built on assumptions, not a forecast. It starts from MITTpB's recent payment rate and the last close, reinvests each payment at that year's price, ignores taxes, and holds the payment and price flat unless you change the two growth fields.

MITTpB share price at month ends

$18.71
$20.85
$23.06
2024-112025-042025-092026-022026-07

Tickers similar to MITTpB

These are the preferred shares with the closest yield on the same payment schedule, listed for comparison and not as suggestions.

TickerNameYield
CIMpBChimera Investment Corporation 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock11.66%
ACRpDACRES Commercial Realty Corp. 7.875% Series D Cumulative Redeemable Preferred Stock11.61%
STRKStrategy Inc 8.00% Series A Perpetual Strike Preferred Stock11.92%
BHRpBBraemar Hotels & Resorts Inc. 5.50% Series B Cumulative Convertible Preferred Stock11.45%
MITTpATPG Mortgage Investment Trust, Inc. 8.25% Series A Cumulative Redeemable Preferred Stock11.34%

Payments are cash amounts per share, adjusted for splits. See how each number is worked out and the disclaimer. Nothing here is a recommendation to buy or sell MITTpB.