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NEW YORK - New York Mortgage Trust, Inc. (NASDAQ:NYMT), an internally managed real estate investment trust (REIT) with a market capitalization of $623 million, announced a regular quarterly cash dividend of $0.20 per share on its common stock for the quarter ending March 31, 2025. The company maintains an impressive 11.6% dividend yield, marking its 21st consecutive year of dividend payments according to InvestingPro data. The dividend is payable on April 28, 2025, to shareholders of record at the close of business on March 31, 2025.
In addition to the common stock dividend, the company’s Board of Directors declared cash dividends on its preferred stock for the dividend period from January 15, 2025, to April 14, 2025. The dividends per share for the preferred stock are as follows: Series D at $0.50, Series E at $0.687036875, Series F at $0.4296875, and Series G at $0.4375. Holders of the preferred stock on record as of April 1, 2025, will receive their respective dividends on April 15, 2025.
New York Mortgage Trust focuses on acquiring, investing in, financing, and managing mortgage-related single-family and multi-family residential assets. As a REIT, the company is required to distribute at least 90% of its taxable income to shareholders annually in the form of dividends. InvestingPro analysis shows the company maintains strong liquidity with a current ratio of 22.9, though it currently trades below its Fair Value. Subscribers can access 8 additional ProTips and comprehensive financial metrics through the platform’s detailed research reports.
The announcement of these dividends follows the company’s operational strategy and commitment to providing returns to its investors. While the company wasn’t profitable in the last twelve months, analysts tracked by InvestingPro expect a return to profitability this year, with forecasted earnings per share of $0.68. It is important to note that while dividend payments are a sign of a company’s financial health and commitment to returning value to shareholders, they are also subject to change based on various market and economic factors.
The company has also highlighted that forward-looking statements, such as those regarding dividend payments, are based on current management estimates and assumptions and may involve risks and uncertainties that could cause actual results to differ materially.
This dividend declaration is based on a press release statement from New York Mortgage Trust, Inc. and reflects the company’s financial activities and decisions as of the date of the announcement.
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