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New York Mortgage Trust, Inc. (NYMT) Ex-Dividend Date Scheduled for June 26, 2013

Posted
6/25/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AMT;NYMT;SPG

New York Mortgage Trust, Inc. ( NYMT ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on July 25, 2013. Shareholders who purchased NYMT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that NYMT has paid the same dividend. At the current stock price of $6.74, the dividend yield is 16.02%.

The previous trading day's last sale of NYMT was $6.74, representing a -12.35% decrease from the 52 week high of $7.69 and a 22.32% increase over the 52 week low of $5.51.

NYMT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). NYMT's current earnings per share, an indicator of a company's profitability, is $1.14. Zacks Investment Research reports NYMT's forecasted earnings growth in 2013 as 2.38%, compared to an industry average of -.4%.

For more information on the declaration, record and payment dates, visit the NYMT Dividend History page.