New York Mortgage Trust's last quarterly cash dividend of $0.3 per share was issued to shareholders on record before Sep 20, 2023. The dividend payment stands at $1.4 per share annually, which equates to a dividend yield of 15.93%.
NYMT has a dividend yield of 15.93% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.79%, New York Mortgage Trust's dividend yield is 135% higher. The current dividend yield is more than the historical average of 13.9% of the last 5 years.
New York Mortgage Trust has been paying dividends for the last 19 years. According to our records NYMT has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 13% for the last twelve months. However with the stock price down by 22% from a year ago, the dividend yield has increased by 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 20, 2023 | Oct 26, 2023 | Sep 11, 2023 | $0.3 | normal |
| Jun 15, 2023 | Jul 26, 2023 | Jun 6, 2023 | $0.3 | normal |
| Mar 17, 2023 | Apr 26, 2023 | Mar 9, 2023 | $0.4 | normal |
| Dec 23, 2022 | Jan 26, 2023 | Dec 12, 2022 | $0.4 | normal |
| Sep 23, 2022 | Oct 26, 2022 | Sep 16, 2022 | $0.4 | normal |
| Jun 24, 2022 | Jul 25, 2022 | Jun 17, 2022 | $0.4 | normal |
| Mar 23, 2022 | Apr 25, 2022 | Mar 14, 2022 | $0.4 | normal |
| Dec 23, 2021 | Jan 25, 2022 | Dec 13, 2021 | $0.4 | normal |
| Sep 22, 2021 | Oct 25, 2021 | Sep 13, 2021 | $0.4 | normal |
| Jun 23, 2021 | Jul 26, 2021 | Jun 14, 2021 | $0.4 | normal |
| Mar 24, 2021 | Apr 26, 2021 | Mar 15, 2021 | $0.4 | normal |
| Dec 16, 2020 | Jan 25, 2021 | Dec 7, 2020 | $0.4 | normal |
| Sep 23, 2020 | Oct 26, 2020 | Sep 14, 2020 | $0.3 | normal |
| Jun 30, 2020 | Jul 27, 2020 | Jun 15, 2020 | $0.2 | normal |
| Dec 19, 2019 | Jan 27, 2020 | Dec 10, 2019 | $0.8 | normal |
| Sep 18, 2019 | Oct 25, 2019 | Sep 9, 2019 | $0.8 | normal |
| Jun 21, 2019 | Jul 25, 2019 | Jun 14, 2019 | $0.8 | normal |
| Mar 28, 2019 | Apr 25, 2019 | Mar 19, 2019 | $0.8 | normal |
| Dec 13, 2018 | Jan 25, 2019 | Dec 4, 2018 | $0.8 | normal |
| Sep 26, 2018 | Oct 26, 2018 | Sep 17, 2018 | $0.8 | normal |
| Jun 27, 2018 | Jul 26, 2018 | Jun 18, 2018 | $0.8 | normal |
| Mar 28, 2018 | Apr 26, 2018 | Mar 19, 2018 | $0.8 | normal |
| Dec 15, 2017 | Jan 25, 2018 | Dec 7, 2017 | $0.8 | normal |
| Sep 22, 2017 | Oct 25, 2017 | Sep 14, 2017 | $0.8 | normal |
| Jun 22, 2017 | Jul 25, 2017 | Jun 14, 2017 | $0.8 | normal |
| Mar 23, 2017 | Apr 25, 2017 | Mar 16, 2017 | $0.8 | normal |
| Dec 22, 2016 | Jan 26, 2017 | Dec 15, 2016 | $0.96 | normal |
| Sep 22, 2016 | Oct 28, 2016 | Sep 15, 2016 | $0.96 | normal |
| Jun 23, 2016 | Jul 25, 2016 | Jun 16, 2016 | $0.96 | normal |
| Mar 23, 2016 | Apr 25, 2016 | Mar 18, 2016 | $0.96 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NYMT New York Mortgage Trust Inc | 15.28% | $1.4 | N/A |
| SRC Spirit Realty Capital Inc | 6.36% | $2.66 | 151.9% |
| CPT Camden Property Trust | 4.25% | $3.94 | 189.4% |
Yes, New York Mortgage Trust has been paying dividends for the last 19 years.
At this point we don't have a record of NYMT's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2023.
New York Mortgage Trust's last dividend ex-date was on Sep 20, 2023. The dividend amount was $0.3 per share.
NYMT's annualized dividend per share is $1.4.
The current dividend yield of New York Mortgage Trust is 15.93%.
New York Mortgage Trust pays four dividends per year.
New York Mortgage Trust's dividend yield is more than the Real Estate sector average.