Looking at the universe of stocks we cover at Dividend Channel, on 9/19/13, New York Mortgage Trust Inc (NYMT) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 10/25/13. As a percentage of NYMT's recent stock price of $6.69, this dividend works out to approximately 4.04%, so look for shares of New York Mortgage Trust Inc to trade 4.04% lower — all else being equal — when NYMT shares open for trading on 9/19/13.
Cash Dividend On The Way From New York Mortgage Trust (NYMT)
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