New York Mortgage Trust (NASDAQ:NYMTM) Stock Price Down 0.1%

Shares of New York Mortgage Trust, Inc. (NASDAQ:NYMTM) fell 0.1% on Wednesday . The stock traded as low as $22.80 and last traded at $22.83. 39,808 shares changed hands during mid-day trading, an increase of 177% from the average session volume of 14,356 shares. The stock had previously closed at $22.85.

New York Mortgage Trust Stock Down 0.1 %

The company has a fifty day moving average of $23.06 and a 200 day moving average of $22.68.

New York Mortgage Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 1st were given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend was Thursday, March 28th.

New York Mortgage Trust Company Profile

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.