American Capital Mortgage Investment Corp. Declares Fourth Quarter Common Stock Dividend of $0.40 Per Share and Announces the Repurchase of 2.4 Million Shares
BETHESDA, Md., Dec. 18, 2015 /PRNewswire/ -- American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company") announced today that its Board of Directors has declared a cash dividend of $0.40 per share of common stock for the fourth quarter 2015. The dividend is payable on January 27, 2016 to common shareholders of record as of December 31, 2015, with an ex-dividend date of December 29, 2015.
The Company also announced today that in the fourth quarter of 2015, it made open market purchases of approximately 2.4 million shares of MTGE common stock, or 4.8% of the Company's outstanding common shares as of September 30, 2015. The shares were purchased at an average price of $14.64 per share, including expenses, totaling approximately $35.3 million. Since commencing a buyback program in the fourth quarter of 2012, the Company has purchased approximately 11.7 million shares of MTGE common stock for total consideration of approximately $218.4 million, including expenses.
For further information or questions, please contact the Investor Relations Department at (301) 968-9220 or [email protected].
ABOUT AMERICAN CAPITAL MORTGAGE INVESTMENT CORP.
American Capital Mortgage Investment Corp. is a real estate investment trust that invests in and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. The Company is externally managed and advised by American Capital MTGE Management, LLC, an affiliate of American Capital, Ltd. ("American Capital"). For further information, please refer to www.MTGE.com.
ABOUT AMERICAN CAPITAL
American Capital, Ltd. (Nasdaq: ACAS) is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy & infrastructure and structured products. American Capital manages $23 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $80 billion of total assets under management (including levered assets). Through a wholly-owned affiliate, American Capital manages publicly traded American Capital Agency Corp. (Nasdaq: AGNC), American Capital Mortgage Investment Corp. (Nasdaq: MTGE) and American Capital Senior Floating, Ltd. (Nasdaq: ACSF) with approximately $10 billion of total net book value. From its eight offices in the U.S., Europe and Asia, American Capital and its wholly-owned affiliate, European Capital, will consider investment opportunities from $10 million to $600 million. For further information, please refer to www.AmericanCapital.com.
CONTACT:
Investor Relations – (301) 968-9220
SOURCE American Capital Mortgage Investment Corp.
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