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, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2003 and is headquartered in New York, New York.
New York Mortgage Trust Dividend Announcement
• New York Mortgage Trust announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-30
• New York Mortgage Trust annual dividend for 2024 was $0.60
• New York Mortgage Trust annual dividend for 2023 was $1.20
• New York Mortgage Trust's trailing twelve-month (TTM) dividend yield is 12.18%
• New York Mortgage Trust's payout ratio for the trailing twelve months (TTM) is 15264.20%
• New York Mortgage Trust's dividend growth over the last five years (2018-2023) was 8.45% year
• New York Mortgage Trust's dividend growth over the last ten years (2013-2023) was 1.06% year
New York Mortgage Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.20 | quarterly | 2024-10-28 |
2024-06-28 | $0.20 | quarterly | 2024-07-29 |
2024-03-22 | $0.20 | quarterly | 2024-04-25 |
2023-12-22 | $0.20 | quarterly | 2024-01-26 |
2023-09-20 | $0.30 | quarterly | 2023-10-26 |
2023-06-15 | $0.30 | quarterly | 2023-07-26 |
2023-03-17 | $0.40 | quarterly | 2023-04-26 |
2022-12-23 | $0.10 | quarterly | 2023-01-26 |
2022-09-23 | $0.10 | quarterly | 2022-10-26 |
2022-06-24 | $0.10 | quarterly | 2022-07-25 |
2022-03-23 | $0.10 | quarterly | 2022-04-25 |
2021-12-23 | $0.10 | quarterly | 2022-01-25 |
2021-09-22 | $0.10 | quarterly | 2021-10-25 |
2021-06-23 | $0.10 | quarterly | 2021-07-26 |
2021-03-24 | $0.10 | quarterly | 2021-04-26 |
2020-12-16 | $0.10 | quarterly | 2021-01-25 |
2020-09-23 | $0.07 | quarterly | 2020-10-26 |
2020-06-30 | $0.05 | quarterly | 2020-07-27 |
2019-12-19 | $0.20 | quarterly | 2020-01-27 |
2019-09-18 | $0.20 | quarterly | 2019-10-25 |
2019-06-21 | $0.20 | quarterly | 2019-07-25 |
2019-03-28 | $0.20 | quarterly | 2019-04-25 |
2018-12-13 | $0.20 | quarterly | 2019-01-25 |
2018-09-26 | $0.20 | quarterly | 2018-10-26 |
2018-06-27 | $0.20 | quarterly | 2018-07-26 |
2018-03-28 | $0.20 | quarterly | 2018-04-26 |
2017-12-15 | $0.20 | quarterly | 2018-01-25 |
2017-09-22 | $0.20 | quarterly | 2017-10-25 |
2017-06-22 | $0.20 | quarterly | 2017-07-25 |
2017-03-23 | $0.20 | quarterly | 2017-04-25 |
2016-12-22 | $0.24 | quarterly | 2017-01-26 |
2016-09-22 | $0.24 | quarterly | 2016-10-28 |
2016-06-23 | $0.24 | quarterly | 2016-07-25 |
2016-03-23 | $0.24 | quarterly | 2016-04-25 |
2015-12-23 | $0.24 | quarterly | 2016-01-25 |
2015-09-24 | $0.24 | quarterly | 2015-10-26 |
2015-06-25 | $0.27 | quarterly | 2015-07-27 |
2015-03-26 | $0.27 | quarterly | 2015-04-27 |
2014-12-18 | $0.27 | quarterly | 2015-01-26 |
2014-09-25 | $0.27 | quarterly | 2014-10-27 |
2014-06-26 | $0.27 | quarterly | 2014-07-25 |
2014-03-20 | $0.27 | quarterly | 2014-04-25 |
2013-12-18 | $0.27 | quarterly | 2014-01-27 |
2013-09-19 | $0.27 | quarterly | 2013-10-25 |
2013-06-26 | $0.27 | quarterly | 2013-07-25 |
2013-03-26 | $0.27 | quarterly | 2013-04-25 |
New York Mortgage Trust Dividend per year
New York Mortgage Trust Dividend growth
New York Mortgage Trust Dividend Yield
New York Mortgage Trust current trailing twelve-month (TTM) dividend yield is 12.18%. Interested in purchasing New York Mortgage Trust stock? Use our calculator to estimate your expected dividend yield:
New York Mortgage Trust Financial Ratios
New York Mortgage Trust Dividend FAQ
Other factors to consider when evaluating New York Mortgage Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: New York Mortgage Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New York Mortgage Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New York Mortgage Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New York Mortgage Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: New York Mortgage Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New York Mortgage Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New York Mortgage Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of New York Mortgage Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New York Mortgage Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.