New York Mortgage Trust (NYMT) Declares $0.20 Quarterly Dividend; 13.3% Yield

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

June 18, 2024 4:50 PM EDT

NEW YORK, June 18, 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 June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 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