New York Mortgage Trust, Inc. (NASDAQ:NYMTZ – Get Rating) shares were up 2.2% on Tuesday . The company traded as high as $17.48 and last traded at $17.48. Approximately 5,013 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 10,124 shares. The stock had previously closed at $17.10.
New York Mortgage Trust Price Performance
The business's 50 day moving average is $17.84 and its two-hundred day moving average is $16.82.
Get New York Mortgage Trust alerts:New York Mortgage Trust Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Saturday, April 15th. Investors of record on Saturday, April 1st will be paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 10.01%. The ex-dividend date is Thursday, March 30th.
New York Mortgage Trust Company Profile
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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.
Further Reading
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