New York Mortgage Trust, Inc. (NASDAQ:NYMTN – Get Free Report)’s stock price dropped 0.1% during trading on Thursday . The company traded as low as $21.60 and last traded at $21.70. Approximately 3,567 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 9,155 shares. The stock had previously closed at $21.72.
New York Mortgage Trust Trading Down 0.1 %
The business’s 50-day simple moving average is $21.62 and its 200 day simple moving average is $20.68.
New York Mortgage Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Monday, January 1st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.22%. The ex-dividend date was Thursday, December 28th.
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.
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