TPG Mortgage Investment Trust, Inc.
MITTReal Estate · Stock · quarterly payer
Forward Yield
12.57%
Annual Dividend
$0.96
Payout Ratio
212%
5-Yr Growth
18.7%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, TPG Mortgage Investment Trust, Inc. (MITT) yields 12.57% ($0.96 per share annually), with a blended fair-value estimate of $15.16 — +98% upside, so it screens as undervalued. Dividend safety grade: D (42/100). 2 years of dividend growth.
Is MITT a good dividend stock?
MixedTPG Mortgage Investment Trust, Inc. (MITT) pays a quarterly dividend yielding 12.57% ($0.96/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 18.7% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (212%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 12.57%
- Payout Ratio
- 212%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 18.7%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 1.67
- Market Cap
- $243.0M
- P/E Ratio
- 18.2
- 5-Yr Total Return
- -29%
- 52-Week Range
- $6.86 – $9.27
- Dividend Safety
- D · 42/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
MITT Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+15%
5 Years
-29%
52-Week Range
$6.86 – $9.27
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MITT worth?
Undervaluedlow confidenceOur blended fair-value estimate for TPG Mortgage Investment Trust, Inc. is $15.16 per share, versus a market price of $7.64. That implies 98% of upside — a margin of safety of about 50%.
Fair Value
$15.16
Current Price
$7.64
Upside
+98%
Margin of Safety
50%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.42 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MITT Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.2400 | regular |
| Mar 31, 2026 | — | $0.2400 | regular |
| Dec 31, 2025 | — | $0.2300 | regular |
| Sep 30, 2025 | — | $0.2100 | regular |
| Jun 30, 2025 | — | $0.2100 | regular |
| Mar 31, 2025 | — | $0.2000 | regular |
| Dec 31, 2024 | — | $0.1900 | regular |
| Sep 30, 2024 | — | $0.1900 | regular |
| Jun 28, 2024 | — | $0.1900 | regular |
| Mar 27, 2024 | — | $0.1800 | regular |
| Dec 28, 2023 | — | $0.0500 | regular |
| Nov 29, 2023 | — | $0.0500 | regular |
| Nov 2, 2023 | — | $0.0800 | regular |
| Sep 28, 2023 | — | $0.1800 | regular |
Income Calculator
At $0.96 / yr per share
