New York Mortgage Trust (NASDAQ:NYMTL) Trading Up 0.2% – Time to Buy?

New York Mortgage Trust, Inc. (NASDAQ:NYMTL)’s share price traded up 0.2% on Monday . The company traded as high as $21.46 and last traded at $21.40. 2,086 shares traded hands during trading, a decline of 76% from the average session volume of 8,805 shares. The stock had previously closed at $21.36.

New York Mortgage Trust Stock Up 0.5 %

The company has a 50 day moving average of $21.12 and a 200-day moving average of $20.42.

New York Mortgage Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were issued a $0.4297 dividend. This represents a $1.72 annualized dividend and a yield of 7.97%. The ex-dividend date was Tuesday, October 1st.

New York Mortgage Trust Company Profile

New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.