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.
Below is a dividend history chart for NYMT, showing historical dividends prior to the most recent $0.27 declared by New York Mortgage Trust Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NYMT is likely to continue, and whether the current estimated yield of 14.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NYMT shares, versus its 200 day moving average:Looking at the chart above, NYMT's low point in its 52 week range is $5.55 per share, with $7.62 as the 52 week high point — that compares with a last trade of $7.25.
In Monday trading, New York Mortgage Trust Inc shares are currently up about 1% on the day.