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)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.