NYMTL
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New York Mortgage Trust Inc Preferred
21.17
+0.02 (+0.09%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 21.15
Day's Range: 21. - 21.2
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When Written:
17.95
New York Mortgage Trust Inc Preferred is a type of preferred stock issued by New York Mortgage Trust, a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities and other mortgage-related assets. The preferred stock is a hybrid security that combines features of both stocks and bonds, offering investors a fixed dividend payment and priority in receiving payments in the event of a company's liquidation.
New York Mortgage Trust Inc Preferred has a ticker symbol of NYMTN and is listed on the NASDAQ stock exchange. As of August 2021, the preferred stock has a par value of $25 and pays a quarterly dividend of $0.50 per share, which translates to an annual dividend yield of 8%. The preferred stock has a maturity date of June 30, 2027, after which the company may redeem the shares at their par value.
Investors should be aware that preferred stock is generally considered to be a riskier investment than bonds, as the dividend payments are not guaranteed and the value of the shares can fluctuate based on market conditions. Additionally, preferred stockholders typically have limited voting rights compared to common stockholders. As with any investment, it is important to carefully consider the risks and potential rewards before investing in New York Mortgage Trust Inc Preferred.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
New York Mortgage Trust Inc Preferred has a ticker symbol of NYMTN and is listed on the NASDAQ stock exchange. As of August 2021, the preferred stock has a par value of $25 and pays a quarterly dividend of $0.50 per share, which translates to an annual dividend yield of 8%. The preferred stock has a maturity date of June 30, 2027, after which the company may redeem the shares at their par value.
Investors should be aware that preferred stock is generally considered to be a riskier investment than bonds, as the dividend payments are not guaranteed and the value of the shares can fluctuate based on market conditions. Additionally, preferred stockholders typically have limited voting rights compared to common stockholders. As with any investment, it is important to carefully consider the risks and potential rewards before investing in New York Mortgage Trust Inc Preferred.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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