New York Mortgage Trust Dividend and Market Update Ahead of Jun 23, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Thursday, Jun 19, 2025 7:53 pm ET1min read
New York Mortgage Trust (NYMT) has announced its latest dividend details. The ex-dividend date is set for Jun 23, 2025, with the announcement made on Jun 12, 2025. Shareholders can expect a dividend payout of $0.200 per share on Jul 30, 2025, which is slightly lower than the average of the last ten dividends, calculated at $0.205. The previous dividend was also $0.200 per share, distributed on Apr 28, 2025. Both dividends are classified as cash dividends.

In recent developments, has been actively discussed in financial circles. Recently, analysts indicated that the company's stock forecast has seen an upgrade to a "BUY" rating, supported by comprehensive research reports. This positive sentiment is further backed by projections suggesting an expected stock price increase of 11.34% over the next three months, with a strong probability of maintaining a price range between $6.55 and $7.10.

Over the past week, significant attention has been drawn to NYMT's position as a top dividend stock, featuring insider buying and an impressive yield of 17.83%. This development underscores the company's strong appeal among income-focused investors and highlights its robust dividend performance.

As of late, there has been a strategic adjustment by Rhumbline Advisers, who reduced their stake in New York Mortgage Trust by 6.0% during the first quarter. This move, while reflecting a shift in investment strategy, does not significantly alter the overall optimistic outlook for , given its favorable market conditions and consistent dividend payouts.

In conclusion, New York Mortgage Trust continues to demonstrate solid financial health and attractive dividend yields, making it a noteworthy consideration for investors. With the ex-dividend date approaching on Jun 23, 2025, this is the final opportunity for investors to purchase shares and qualify for the upcoming dividend payout. Any acquisitions post this date will not be eligible for the current dividend distribution.

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