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

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) shares traded down 0.1% on Thursday . The stock traded as low as $22.39 and last traded at $22.42. 5,135 shares were traded during trading, a decline of 44% from the average session volume of 9,247 shares. The stock had previously closed at $22.45.

New York Mortgage Trust Stock Performance

The firm’s 50 day moving average is $21.42 and its two-hundred day moving average is $21.59.

New York Mortgage Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.95%. The ex-dividend date was Monday, July 1st.

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.