New York Mortgage Trust (NASDAQ:NYMTM) Trading 0.1% Higher – What’s Next?

New York Mortgage Trust, Inc. (NASDAQ:NYMTM)’s stock price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $25.30 and last traded at $25.30. 4,837 shares changed hands during trading, a decline of 68% from the average session volume of 15,305 shares. The stock had previously closed at $25.27.

New York Mortgage Trust Stock Performance

The firm has a 50 day moving average price of $25.07 and a 200-day moving average price of $24.55.

New York Mortgage Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were given a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date was Tuesday, December 31st.

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.