Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



New York Mortgage Trust Declares Its First Dividend of 2013

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

New York Mortgage Trust (NASDAQ: NYMT  ) has declared its latest quarterly dividend and its first for 2013. For the current quarter, the mortgage real estate trust will distribute $0.27 per share of its common stock on April 25 to shareholders of record as of March 28. This amount matches the company's three previous payouts. Prior to that, it dispensed $0.25 per share.

Although New York Mortgage Trust has been a consistent dividend payer over the past few years, its distributions have fluctuated, at times significantly. Since early 2008, those payouts have ranged from $0.10 per share to $0.35.

The new dividend annualizes to $1.08 per share. That yields 14.9% at  New York Mortgage Trust's current stock price of $7.26.

Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2319222, ~/Articles/ArticleHandler.aspx, 9/25/2016 10:17:56 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
NYMT $6.04 Down -0.11 -1.79%
New York Mortgage… CAPS Rating: ***