New York Mortgage Trust (NASDAQ:NYMTL) Stock Price Down 0.2%

New York Mortgage Trust, Inc. (NASDAQ:NYMTLGet Free Report)’s share price traded down 0.2% during trading on Wednesday . The stock traded as low as $19.14 and last traded at $19.20. 7,229 shares were traded during trading, an increase of 2% from the average session volume of 7,070 shares. The stock had previously closed at $19.23.

New York Mortgage Trust Trading Down 0.2 %

The business has a 50-day simple moving average of $19.50 and a 200 day simple moving average of $18.92.

New York Mortgage Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Monday, January 1st were given a $0.4297 dividend. This represents a $1.72 annualized dividend and a dividend yield of 8.95%. The ex-dividend date of this dividend was Thursday, December 28th.

New York Mortgage Trust Company Profile

(Get Free Report)

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, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.

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