New York Mortgage Trust Declares $0.4922 Dividend for Series E Preferred Stock

Thursday, 14 March 2024, 12:48

The recent announcement by New York Mortgage Trust about declaring a dividend of $0.4922 for its 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock is significant. Investors holding this preferred stock can anticipate a stable income stream from this dividend payout, showcasing the company's commitment to rewarding its investors. The declared dividend amount reflects the financial strength and performance of New York Mortgage Trust, providing valuable insights for investors seeking income-generating investments.
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New York Mortgage Trust Declares $0.4922 Dividend for Series E Preferred Stock

Details of New York Mortgage Trust Dividend Announcement

New York Mortgage Trust has announced a dividend of $0.4922 for its 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.

Key Points:

  • The dividend amount of $0.4922 signifies the company's commitment to rewarding investors.
  • Investors holding the Series E preferred stock will benefit from a stable income stream.
  • Importance: This dividend declaration highlights the financial stability and investor-friendly approach of New York Mortgage Trust.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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