New Quarterly Dividend Declaration from New York Mortgage Trust
New York Mortgage Trust, Inc. (Nasdaq: NYMT) is pleased to announce that its Board of Directors has approved a quarterly cash dividend of $0.20 per share for its common stockholders, aimed at the quarter ending March 31, 2025. This dividend will be distributed on April 28, 2025, to stockholders on record as of the close of business on March 31, 2025.
Important Dates for Dividend Payments
In addition to the common stock dividend, the Board has declared dividends on several series of preferred stock. This includes the 8.000% Series D, 7.875% Series E, 6.875% Series F, and the 7.000% Series G Cumulative Redeemable Preferred Stocks. The dividends will be payable as follows:
Preferred Stock Dividend Schedule
Dividend Period: This spans from January 15, 2025, to April 14, 2025, with the following specifics:
- Record Date: April 1, 2025
- Payment Date: April 15, 2025
Dividend Payouts per Share
The cash dividends per share for each preferred series are as follows:
- Series D: $0.50
- Series E: $0.687036875
- Series F: $0.4296875
- Series G: $0.4375
About New York Mortgage Trust
New York Mortgage Trust, Inc. operates as a Maryland corporation, electing taxation as a Real Estate Investment Trust (REIT) under federal law. As an internally managed REIT, it focuses on acquiring, financing, investing in, and managing residential mortgage-related assets, which include both single-family and multi-family properties. With a strategic investment approach, the company aims to provide strong dividends while navigating the diverse landscape of the real estate market.
Understanding Dividend Payments
Dividends are a critical component for equity investors and an essential aspect of the financial commitment that companies have towards their shareholders. By regularly distributing profits back to investors, companies like New York Mortgage Trust not only reward their stakeholders but also attract new investors interested in stable income-generating assets. This approach illustrates the company’s dedication to maintaining shareholder value while ensuring that it meets its fiscal responsibilities.
Frequently Asked Questions
1. What is the amount of the common stock dividend declared?
The common stock dividend declared is $0.20 per share for the quarter ending March 31, 2025.
2. When will the preferred stock dividends be paid?
The preferred stock dividends will be payable on April 15, 2025.
3. What is New York Mortgage Trust classified as?
New York Mortgage Trust is classified as a real estate investment trust (REIT).
4. How often does New York Mortgage Trust declare dividends?
The company typically declares dividends on a quarterly basis, reinforcing its commitment to returning value to shareholders.
5. How can I get more information about New York Mortgage Trust?
For further inquiries, you can contact their investor relations at 212-792-0107 or email InvestorRelations at their official contact.
