New York Mortgage Trust Declares Third Quarter 2011 Common Stock Dividend of $0.25 Per Share
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Title: New York Mortgage Trust Declares Third Quarter 2011 Common Stock Dividend of $0.25 Per Share Date: 9/20/2011 Industry: Real Estate Operations Sector: Services
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New York Mortgage Trust Declares Third Quarter
2011 Common Stock Dividend of $0.25 Per Share
NEW YORK, NY
– September 20, 2011 - New York Mortgage Trust, Inc. (Nasdaq:
NYMT) (the “Company”) announced today that its Board of
Directors declared on September 20, 2011 a cash dividend of $0.25
per share on shares of its common stock for the quarter ending
September 30, 2011. The dividend is payable on October 25, 2011 to
common stockholders of record as of September 30, 2011.
About New
York Mortgage Trust
New York
Mortgage Trust, Inc. is a real estate investment trust
(“REIT”) that acquires and manages primarily real
estate related assets. These include Agency and non-Agency
mortgage-backed securities, high credit quality residential
adjustable rate mortgage loans, commercial mortgage loans and other
financial assets. As a REIT, New York Mortgage Trust, Inc. is not
subject to federal income tax, provided that it distributes at
least 90% of its REIT income to stockholders.