New York Mortgage Trust, Inc. (NYMTZ) to Issue Quarterly Dividend of $0.44 on April 15th

New York Mortgage Trust, Inc. (NASDAQ:NYMTZGet Free Report) declared a quarterly dividend on Wednesday, March 13th, Wall Street Journal reports. Investors of record on Monday, April 1st will be paid a dividend of 0.4375 per share on Monday, April 15th. This represents a $1.75 annualized dividend and a yield of 9.73%. The ex-dividend date of this dividend is Thursday, March 28th.

New York Mortgage Trust Price Performance

Shares of New York Mortgage Trust stock opened at $17.99 on Tuesday. New York Mortgage Trust has a 12 month low of $15.31 and a 12 month high of $18.34. The business has a fifty day simple moving average of $17.77 and a 200 day simple moving average of $17.24.

About New York Mortgage Trust

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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, 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.

See Also

Dividend History for New York Mortgage Trust (NASDAQ:NYMTZ)

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