New York Mortgage Trust, Inc. (NASDAQ:NYMTM – Get Free Report)’s stock price traded down 0.1% during trading on Wednesday . The stock traded as low as $22.80 and last traded at $22.83. 39,808 shares traded hands during mid-day trading, an increase of 177% from the average session volume of 14,356 shares. The stock had previously closed at $22.85.
New York Mortgage Trust Price Performance
The company’s 50-day moving average is $23.07 and its 200 day moving average is $22.68.
New York Mortgage Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were given a $0.4922 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.97 dividend on an annualized basis and a yield of 8.56%.
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.
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