New York Mortgage Trust, Inc. (NASDAQ:NYMTL) Declares $0.43 Quarterly Dividend

New York Mortgage Trust, Inc. (NASDAQ:NYMTL) declared a quarterly dividend on Tuesday, June 18th, Wall Street Journal reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.4297 per share on Monday, July 15th. This represents a $1.72 annualized dividend and a dividend yield of 8.53%. The ex-dividend date of this dividend is Monday, July 1st.

New York Mortgage Trust Trading Down 0.1 %

Shares of NASDAQ NYMTL opened at $20.16 on Friday. New York Mortgage Trust has a 52-week low of $17.55 and a 52-week high of $20.51. The firm’s fifty day moving average is $19.92 and its two-hundred day moving average is $19.75.

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.