New York Mortgage Trust, Inc. is a real estate investment trust, which engages in the acquisition, investment, finance and management of mortgage-related and residential housing-related assets. You can opt-out at anytime. Still, while NYMT shares did not shoot through the roof, the company did provide investors with some pretty serious returns through dividends.If you bought NYMT stock a year ago and held it until today, you would have collected four quarterly dividends of $0.20 per share, totaling $0.80 per share. Want to see which stocks are moving? And, as we have seen plenty of times, buying a dividend stock before it reduces its payout can turn out to be a very expensive lesson.To see whether NYMT’s dividend is safe, let’s first take a look at the company’s business.Headquartered in New York City, the company is an internally managed real estate investment trust (REIT). NY MTG TR INC/SH pays out 31.25% of its earnings out as a dividend. Daily Dividend Report: BXMT,FDX,THO,RC,NYMT. NY MTG TR INC/SH pays out 31.25% of its earnings out as a dividend. As such, the next dividend date prediction is presented for informational purposes only as a research tool. View our full suite of financial calendars and market data tables, all for free.Receive a free world-class investing education from MarketBeat. Export data to Excel for your own analysis.
To see whether NYMT’s dividend is safe, let’s first take a look at the company’s business. View which stocks are hot on social media with MarketBeat's trending stocks report.Identify stocks that meet your criteria using seven unique stock screeners. In this day and age, ultra-high yielders are not known for their dividend safety, and dividend cuts can be quite common. Find the latest Dividend Yield (TTM) for New York Mortgage Trust Inc (NYMT) Its declared dividends, on the other hand, totaled $0.80 per share for the year. Compared to the company’s $6.00 share price back then, that’s a yield on cost of 13.3%.The neat thing is, because it’s trading at about the same level as it did a year ago and pays the same quarterly dividend of $0.20 per share, New York Mortgage Trust stock still offers that jaw-dropping 13.3% annual dividend yield to today’s investors.The big question, of course, is whether the company can make enough money to cover that payout.
Learn about financial terms, types of investments, trading strategies and more.MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. As its name suggests, the company focuses primarily on investing in mortgage-related assets. NYMT pays its dividends … Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Is the New York Mortgage Trust, Inc. Dividend Safe? Payout ratio calculation and chart.
Learn everything you need to know about successful options trading with this three-part video course.Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:You have already added five stocks to your watchlist. As its name suggests, the company focuses primarily on investing in mortgage-related assets.In its own words, New York Mortgage Trust’s objective is “to manage a portfolio of investments that will deliver stable distributions to our stockholders over diverse economic conditions.” (Source: “The company plans to achieve this objective through the net interest margin and net realized capital gains earned from its investment portfolio.In each earnings release, New York Mortgage Trust reports something called comprehensive earnings per share. New York Mortgage Trust Declares Second Quarter 2020 Common Stock Dividend of $0.05 Per Share and Resumes Payment of Preferred Stock Dividends 4:05 p.m. June 15, 2020 - … All rights reserved. As a REIT, NYMT is mandated to pay out the large majority of its earnings as dividends and thus has a high dividend yield and payout ratio.
at $6.28 per share.Derivative/Non-derivative trans. Investors seeking a high yield may be attracted to New York Mortgage Trust‘s (Nasdaq: NYMT) juicy 13% yield – but that dividend looks rotten when you dig a little deeper.. Predicted Next Dividend Ex-Date For NYMT: September 22nd. In April, I said that the dividend of this mortgage real estate investment trust (REIT) was likely to be reduced. As for stocks whose price is uncorrelated with NYMT's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: ESCA , HMI , SNMP , AEM and ESEA .
(Source: “Usually, such insufficient dividend coverage means income investors should just walk away from a stock.
This Tiny Biotech Company Got Trump to Change the Law For the company’s dividend to be considered safe in a given reporting period, it should generate comprehensive income that is in excess of its dividend payout.Last year, New York Mortgage Trust earned a comprehensive income of $0.40 per share.
New York Mortgage Trust, Inc.: Why This 13.3% Yield Deserves a Second Look New York Mortgage Trust, Inc. (NASDAQ:NYMT) is not the perfect dividend stock. NYMT pays its … Therefore, the company did not generate enough money to cover its payout in 2018. Please log in to your account or sign up in order to add this asset to your watchlist.
© Copyright 2020: Income Investors. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest margin and capital gains from a diversified investment portfolio. 80% of all stocks covered) The company is based in New York, NY. Date Amount Type Yield Change Decl. Find the latest dividend history for New York Mortgage Trust, Inc. Common Stock (NYMT) at Nasdaq.com. The company was founded on September 26, 2003 and is headquartered in New York, NY.