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

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) was down 0.1% on Thursday . The company traded as low as $23.92 and last traded at $23.98. Approximately 3,862 shares changed hands during trading, a decline of 73% from the average daily volume of 14,348 shares. The stock had previously closed at $23.99.

New York Mortgage Trust Price Performance

The firm’s fifty day moving average is $23.71 and its two-hundred day moving average is $23.50.

New York Mortgage Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were issued a $0.4922 dividend. This represents a $1.97 annualized dividend and a dividend yield of 8.20%. 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.