New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) Announces Quarterly Dividend of $0.44

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.4375 per share on Tuesday, April 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 9.26%. The ex-dividend date is Tuesday, April 1st.

New York Mortgage Trust Stock Performance

NYMTZ stock opened at $18.89 on Friday. The company has a fifty day moving average of $19.29 and a 200-day moving average of $19.89. New York Mortgage Trust has a one year low of $16.90 and a one year high of $21.74.

New York Mortgage Trust Company Profile

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.