Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Tomorrow, March 26, 2013, 78 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 14.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow:
Owners of New York Mortgage (NASDAQ: NYMT) shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $7.56 as of 9:36 a.m. ET, the dividend yield is 14.6%. The average volume for New York Mortgage has been 1.1 million shares per day over the past 30 days. New York Mortgage has a market cap of $367.4 million and is part of the real estate industry. Shares are up 18.2% year to date as of the close of trading on Friday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the Untied States. The company has a P/E ratio of 6.86. Currently there are 2 analysts that rate New York Mortgage a buy, no analysts rate it a sell, and 1 rates it a hold. TheStreet Ratings rates New York Mortgage as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full New York Mortgage Ratings Report now.