New York Mortgage Trust, Inc. (NYMTZ) To Go Ex-Dividend on December 31st

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) announced a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Investors of record on Wednesday, January 1st will be given a dividend of 0.4375 per share on Wednesday, January 15th. This represents a $1.75 annualized dividend and a yield of 9.13%. The ex-dividend date of this dividend is Tuesday, December 31st.

New York Mortgage Trust Stock Performance

Shares of NASDAQ NYMTZ opened at $19.17 on Friday. The firm has a fifty day simple moving average of $19.99 and a two-hundred day simple moving average of $19.88. New York Mortgage Trust has a 12 month low of $16.60 and a 12 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.