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.
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 13.59% 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 $8.01 as the 52 week high point — that compares with a last trade of $7.94.
According to Preferred Stock Channel, there is a series of preferred stock that is senior to NYMT, which trades under the symbol NYMTP — more info ». In Tuesday trading, New York Mortgage Trust Inc shares are currently off about 0.1% on the day.