New York Mortgage Trust (NASDAQ:NYMTN) Share Price Down 0.1%

Shares of New York Mortgage Trust, Inc. (NASDAQ:NYMTN – Get Free Report ) was down 0.1% on Thursday. The company traded as high as $22.39 and last traded at $22.42. About 5,135 shares traded hands during trading, down 44% from the average daily volume of 9,247 shares. Shares previously closed at $22.45.

New York mortgage trust trading down 0.1%

The stock’s fifty day moving average is $21.40 and the two hundred day moving average is $21.58.

New York Mortgage Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 1st were paid a $0.50 dividend. The ex-dividend date was Monday, July 1. This represents an annualized dividend of $2.00 and a yield of 8.92%.

About New York Mortgage Trust

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New York Mortgage Trust, Inc acquires, invests in, finances and manages single-family and multi-family residential mortgage-related assets in the United States. Its targeted investments include residential loans, including business loans; structured investments in multifamily properties such as preferred equity and mezzanine loans for multifamily property owners; residential mortgage-backed securities (RMBS); RMBS agency; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgages, residential housing and credit-related assets.

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