New York Mortgage Trust (NYMT) Declares $0.20 Quarterly Dividend; 13.1% Yield

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New York Mortgage Trust Declares Fourth Quarter 2018 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

December 4, 2018 4:01 PM EST

NEW YORK, Dec. 04, 2018 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the Company) announced today that its Board of Directors (the Board) declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending December 31, 2018. The dividend will be payable on January 25, 2019 to common stockholders of record as of December 14, 2018.

In accordance with the terms of the 7.75% Series B Cumulative Redeemable Preferred Stock (Series B Preferred Stock) of the Company, the Board declared a Series B Preferred Stock cash dividend of... More