New York Mortgage Trust, Inc. ( NYMT ) has announced an ex-dividend date of December 20, 2012 and a cash dividend payment of $0.27 per share scheduled for January 25, 2013. Shareholders who purchased NYMT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NYMT has paid the same dividend. At the current stock price of $6.59, the dividend yield is 16.39%.
The previous trading day's last sale of NYMT was $6.59, representing a -14.3% decrease from the 52 week high of $7.69 and a 19.6% 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 $.9. Zacks Investment Research reports NYMT's forecasted earnings growth in 2012 as -17.72%, compared to an industry average of -5.7%.
For more information on the declaration, record and payment dates, visit the NYMT Dividend History page.