New York Mortgage Trust About To Put More Money In Your Pocket (NYMT)

Looking at the universe of stocks we cover at Dividend Channel, on 9/25/14, New York Mortgage Trust Inc (NYMT) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 10/27/14. As a percentage of NYMT's recent stock price of $7.84, this dividend works out to approximately 3.45%, so look for shares of New York Mortgage Trust Inc to trade 3.45% lower — all else being equal — when NYMT shares open for trading on 9/25/14.

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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:

NYMT+Dividend+History+Chart

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 13.78% 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:

New York Mortgage Trust Inc 200 Day Moving Average Chart

Looking at the chart above, NYMT's low point in its 52 week range is $6.06 per share, with $8.17 as the 52 week high point — that compares with a last trade of $7.83.

According to the ETF Finder at ETF Channel, NYMT makes up 2.00% of the SuperDividend U.S. ETF ( DIV) which is trading lower by about 0.2% on the day Tuesday.

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 down about 0.4% on the day.

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