How Many MITN Shares for $500 or $1,000 a Month?
At $2.38 a share a year, $500 a month takes about 2,526 MITN shares, about $62,367 at the Nov 12, 2026 close of $24.69. $1,000 a month takes about 5,051 shares, about $124,709. Before taxes, and only while the rate holds.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) pays $0.594 a share quarterly, $2.38 a year, a 9.62% run-rate yield at the Nov 12, 2026 close of $24.69. It has made 11 dividend payments since 2024.
At today’s rate of $0.594 quarterly and the last close of $24.69, this is what MITN pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.594 | $0.20 | $2.38 |
| 100 shares | $59.40 | $19.80 | $237.60 |
| $10,000 invested (405.0 shares) | $240.58 | $80.19 | $962.33 |
| 2,526 shares ($500/mo) | $1,500.44 | $500.15 | $6,001.78 |
| 5,051 shares ($1,000/mo) | $3,000.29 | $1,000.10 | $12,001.18 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 MITN shares reinvest into 2.41 new shares each payment, about 10.0 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 42 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with MITN’s own history in the MITN DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (cash flow): does cash from the business cover the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Liquidity: is there cash for debts due this year rating
- Earnings direction: are sales and profits growing or shrinking report
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
MITN Dividend Yield Today vs Its 5-Year Range
- MITN yields 9.62% today, at the Nov 12, 2026 close of $24.69.
- Its own 2-year median is 9.43%, so today’s yield is above its usual level.
- No steady norm: under 3 years of regular payments on file. So this reads today’s yield against its own 2-year history as it is.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 2 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is MITN’s Next Dividend? Ex-Date and Pay Date After November 2026
MITN has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Jan 29, 2027, with the cash around Feb 1, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.594 a share, went ex on Oct 30, 2026 and paid Nov 2, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 3 days after the ex-date
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does MITN Pay?
MITN pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Jan, May, Jul and Oct. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
- FFO payout (approx.): 561.4% - $2.38 paid / $0.42 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
- Cash-flow payout: 106.1% - $2.38 paid / $2.24 operating cash flow per share (4 quarters to Sep 30, 2026); own 2-yr norm 129.8% (median of 4 earlier trailing years)
- GAAP EPS payout (context): n/a (EPS negative) - $2.38 paid / -$0.21 EPS (4 quarters to Sep 30, 2026); own 2-yr norm 168.8% (median of 6 earlier trailing years)
MITN vs Similar Dividend Stocks (MITT, STRS...)
Against the 10 dividend-paying Real Estate companies closest to MITN in market value, MITN’s 9.62% run-rate yield is below the group’s middle yield of 14.57%, and its raise streak of 0 years is the 3rd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | No cut ⓘ |
|---|---|---|---|---|
| MITN $24.69TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 | $0.594/qtr$2.38/yr fwd | 9.62% | Dividend Safety Rating: paid plans only | 1+ yrno raise streak |
| MITT $4.23TPG Mortgage Investment Trust | $0.24/qtr$0.96/yr fwd | 22.70% | Dividend Safety Rating: paid plans only | 3 yrsraised 2 yrs in a row |
| STRS $17.00Stratus Properties | $5.00/qtr$20.00/yr fwd | 117.65% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| AOMR $5.87Angel Oak Mortgage | $0.32/qtr$1.28/yr fwd | 21.81% | Dividend Safety Rating: paid plans only | 3+ yrsno raise streak |
| FRMUF $4.99Firm Capital Property Trust | $0.031/mo$0.37/yr fwd | 7.47% | Dividend Safety Rating: paid plans only | 2+ yrsno raise streak |
| NLOP $9.70Net Lease Office Properties | $3.30/half-yr$6.60/yr fwd | 68.04% | Dividend Safety Rating: paid plans only | 1 yrno raise streak |
| SEVN $6.50Seven Hills Realty Trust | $0.28/qtr$1.12/yr fwd | 17.23% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| ONL $2.59Orion Properties | $0.02/qtr$0.08/yr fwd | 3.09% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| RC $0.93Ready Capital | $0.01/qtr$0.04/yr fwd | 4.30% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| BHR $1.68Braemar Hotels & Resorts | $0.05/qtr$0.20/yr fwd | 11.90% | Dividend Safety Rating: paid plans only | 4 yrsno raise streak |
| IRS $12.39IRSA Inversiones y Representaciones Sociedad Anónima | $1.4151/yr | 11.42% | Dividend Safety Rating: paid plans only | 4+ yrsraised 3 yrs in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: MITN vs MITT, MITN vs STRS, MITN vs AOMR.
MITN Dividend History: Every Payment Since 2024
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Oct 30, 2026 | Nov 2, 2026 | $0.594 | Quarterly | Regular |
| Jul 31, 2026 | Aug 3, 2026 | $0.594 | Quarterly | Regular |
| May 1, 2026 | May 4, 2026 | $0.594 | Quarterly | Regular |
| Jan 30, 2026 | Feb 2, 2026 | $0.594 | Quarterly | Regular |
| Oct 31, 2025 | Nov 3, 2025 | $0.594 | Quarterly | Regular |
| Aug 1, 2025 | Aug 4, 2025 | $0.594 | Quarterly | Regular |
| May 1, 2025 | May 5, 2025 | $0.594 | Quarterly | Regular |
| Jan 31, 2025 | Feb 3, 2025 | $0.5938 | Quarterly | Regular |
| Nov 1, 2024 | Nov 4, 2024 | $0.5938 | Quarterly | Regular |
| Aug 1, 2024 | Aug 5, 2024 | $0.5938 | Quarterly | Regular |
| Apr 30, 2024 | May 2, 2024 | $0.7191 | Quarterly | Regular |
What the Dividend Safety Rating Means for MITN
MITN Dividend Questions
How often does MITN pay dividends?
MITN pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Jan, May, Jul and Oct. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
Does MITN pay dividends monthly?
No. MITN pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next MITN dividend?
MITN has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Jan 29, 2027, with the cash around Feb 1, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.594 a share, went ex on Oct 30, 2026 and paid Nov 2, 2026. The current rate is $0.594 per share, $2.38 a year.
Does MITN pay a dividend in February 2027?
Not declared yet. By its usual rhythm the next ex-date falls around Jan 29, 2027, with the cash around Feb 1, 2027, so a payment in February 2027 is likely. Only the company’s declaration makes it final.
How much does MITN pay per share?
MITN pays $0.594 a share quarterly, $2.38 a year. At the Nov 12, 2026 close of $24.69 that is a 9.62% run-rate yield, above its usual level: its own 2-year median is 9.43%.
Has MITN raised its dividend?
MITN has no current streak of yearly raises.
Is MITN’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. MITN paid out 106% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. It has gone 1+ years without a cut. This is data, not investment advice. The full 5-check rating comes with a plan.
How do I track my MITN dividends?
Add MITN to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run MITN in the DRIP calculator.
