MITT reports Q2 2026 EAD of $0.24 per share, covering its $0.24 dividend
TPG Mortgage Investment Trust (MITT) reported second quarter 2026 results for the quarter ended June 30, 2026. Earnings available for distribution (EAD) were $0.24 per diluted share, covering the $0.24 quarterly dividend, and book value rose to $10.00 per share, while the company also highlighted its pending acquisition of Cherry Hill Mortgage Investment Corporation by merger.
Key points
- Net income available to common stockholders was $0.29 per diluted share, or $9.1 million, for the quarter.
- EAD was $0.24 per diluted share, or $7.7 million, equal to the $0.24 dividend declared on June 16, 2026.
- Book value was $10.00 per share as of June 30, 2026, up from $9.97 in the first quarter of 2026; economic return on equity was 2.7%.
- The company plans to acquire Cherry Hill Mortgage Investment Corporation by merger; the filing does not state deal terms.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.