New York Mortgage Trust, Inc. (NASDAQ:NYMTZ – Get Rating) announced a quarterly dividend on Wednesday, December 14th, Wall Street Journal reports. Shareholders of record on Sunday, January 1st will be paid a dividend of 0.4375 per share on Sunday, January 15th. This represents a $1.75 dividend on an annualized basis and a yield of 11.32%. The ex-dividend date of this dividend is Thursday, December 29th.
New York Mortgage Trust Stock Up 1.0 %
Shares of NASDAQ NYMTZ opened at $15.46 on Wednesday. The business has a fifty day simple moving average of $16.10 and a two-hundred day simple moving average of $17.76. New York Mortgage Trust has a twelve month low of $14.77 and a twelve month high of $25.01.Get New York Mortgage Trust alerts:
New York Mortgage Trust Company Profile
(Get Rating)New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets.
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