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

New York Mortgage Trust, Inc. (NASDAQ:NYMTL) declared a quarterly dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders 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 dividend yield of 7.92%. The ex-dividend date of this dividend is Tuesday, October 1st.

New York Mortgage Trust Price Performance

NYMTL stock traded up $0.06 during trading on Monday, reaching $21.70. 8,378 shares of the company traded hands, compared to its average volume of 8,744. The business has a 50 day simple moving average of $20.74 and a 200 day simple moving average of $20.23. New York Mortgage Trust has a 12 month low of $17.55 and a 12 month high of $21.75.

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.