New York Mortgage Trust, Inc. (NASDAQ:NYMTL) to Issue Quarterly Dividend of $0.43
by Amy Steele · The Cerbat GemNew York Mortgage Trust, Inc. (NASDAQ:NYMTL – Get Free Report) announced a quarterly dividend on Thursday, September 19th, Wall Street Journal reports. Shareholders of record on Tuesday, October 1st will be given a dividend of 0.4297 per share on Tuesday, October 15th. This represents a $1.72 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date is Tuesday, October 1st.
New York Mortgage Trust Trading Down 0.4 %
NASDAQ NYMTL opened at $21.76 on Monday. New York Mortgage Trust has a twelve month low of $17.55 and a twelve month high of $21.95. The stock has a fifty day simple moving average of $20.87 and a 200-day simple moving average of $20.31.
New York Mortgage Trust Company Profile
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.
Read More
- Five stocks we like better than New York Mortgage Trust
- Trading Stocks: RSI and Why it’s Useful
- Is T-Mobile the Top Telecom Stock? Here’s What You Need to Know
- Insider Buying Explained: What Investors Need to Know
- 3 Bargain Stocks Under $20 With Major Growth Potential
- 3 Stocks to Consider Buying in October
- Top 5 ETFs to Own Now and Into 2025