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

New York Mortgage Trust, Inc. (NASDAQ:NYMTL) announced a quarterly dividend on Thursday, March 20th, Wall Street Journal reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.4297 per share on Tuesday, April 15th. This represents a $1.72 annualized dividend and a yield of 7.90%. The ex-dividend date of this dividend is Tuesday, April 1st.

New York Mortgage Trust Price Performance

Shares of NASDAQ NYMTL opened at $21.77 on Friday. The business has a fifty day moving average of $21.99 and a two-hundred day moving average of $22.09. New York Mortgage Trust has a 52-week low of $19.05 and a 52-week high of $23.03.

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.