New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) Announces $0.44 Quarterly Dividend

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) declared a quarterly dividend on Thursday, September 19th, Wall Street Journal reports. Stockholders of record on Tuesday, October 1st will be paid a dividend of 0.4375 per share on Tuesday, October 15th. This represents a $1.75 annualized dividend and a dividend yield of 8.14%. The ex-dividend date is Tuesday, October 1st.

New York Mortgage Trust Trading Up 0.2 %

NASDAQ NYMTZ traded up $0.05 during trading hours on Friday, hitting $21.49. The company’s stock had a trading volume of 3,400 shares, compared to its average volume of 7,935. The stock has a fifty day moving average of $19.61 and a 200 day moving average of $18.92. New York Mortgage Trust has a twelve month low of $15.31 and a twelve month high of $21.74.

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.