Looking at the universe of stocks we cover at Dividend Channel, on 3/20/14, New York Mortgage Trust Inc (NYMT) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 4/25/14. As a percentage of NYMT's recent stock price of $7.95, this dividend works out to approximately 3.40%, so look for shares of New York Mortgage Trust Inc to trade 3.40% lower — all else being equal — when NYMT shares open for trading on 3/20/14.
Cash Dividend On The Way From New York Mortgage Trust (NYMT)
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