New York Mortgage Trust (NYMT) Declares $0.20 Quarterly Dividend; 10.9% Yield

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Go back to New York Mortgage Trust (NYMT) Declares $0.20 Quarterly Dividend; 10.9% Yield

New York Mortgage Trust Declares First Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

March 13, 2024 4:16 PM EDT

NEW YORK, March 13, 2024 (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 March 31, 2024. The dividend will be payable on April 25, 2024 to common stockholders of record as of the close of business on March 25, 2024.

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