Looking at the universe of stocks we cover at Dividend Channel, on 12/18/13, New York Mortgage Trust Inc (NYMT) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 1/27/14. As a percentage of NYMT's recent stock price of $7.29, this dividend works out to approximately 3.70%, so look for shares of New York Mortgage Trust Inc to trade 3.70% lower — all else being equal — when NYMT shares open for trading on 12/18/13.
Reminder - New York Mortgage Trust (NYMT) Goes Ex-Dividend Soon
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