New York Mortgage Trust, Inc. (NYMTL) to Issue Quarterly Dividend of $0.43 on October 15th

New York Mortgage Trust, Inc. (NASDAQ:NYMTL) declared a quarterly dividend on Thursday, September 19th, Wall Street Journal reports. Investors of record on Tuesday, October 1st will be paid 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 of this dividend is Tuesday, October 1st.

New York Mortgage Trust Stock Performance

NYMTL stock traded down $0.09 during trading hours on Friday, reaching $21.76. The stock had a trading volume of 6,448 shares, compared to its average volume of 8,625. The stock has a 50-day simple moving average of $20.87 and a 200 day simple moving average of $20.30. New York Mortgage Trust has a fifty-two week low of $17.55 and a fifty-two week high of $21.95.

About New York Mortgage Trust

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.