Shares of New York Mortgage Trust, Inc. (NASDAQ:NYMTZ – Get Free Report) were up 0.1% during trading on Wednesday . The stock traded as high as $21.04 and last traded at $20.98. Approximately 9,139 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 7,809 shares. The stock had previously closed at $20.95.
New York Mortgage Trust Stock Down 0.9 %
The company has a fifty day moving average of $20.19 and a 200-day moving average of $19.24.
New York Mortgage Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a $0.4375 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.75 annualized dividend and a dividend yield of 8.44%.
About New York Mortgage Trust
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.
Featured Articles
- Five stocks we like better than New York Mortgage Trust
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Survey Reveals: America’s Most Coveted Businesses in 2024
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Top 3 Stocks to Play Oil’s Potential Comeback Rally
- How to buy stock: A step-by-step guide for beginners
- Analysts See Growth in CrowdStrike Stock Despite July Setback
Receive News & Ratings for New York Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.