New York Mortgage Trust (NYMT) Declares $0.40 Quarterly Dividend; 17.4% Yield

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Go back to New York Mortgage Trust (NYMT) Declares $0.40 Quarterly Dividend; 17.4% Yield

New York Mortgage Trust Declares First Quarter 2023 Common Stock Dividend of $0.40 Per Share, and Preferred Stock Dividends

March 9, 2023 4:05 PM EST

NEW YORK, March 09, 2023 (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 $0.40 per share on shares of its common stock for the quarter ending March 31, 2023. The dividend will be payable on April 26, 2023 to common stockholders of record as of the close of business on March 20, 2023.

In addition, the Board declared cash dividends on the Companys 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Series D Preferred Stock), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable... More