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New York Mortgage Trust Inc
NYMT
Alternate Symbol(s):
NYMTZ
Real Estate
New York Mortgage Trust, Inc. is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholder. The Company’s investment portfolio includes credit sensitive single-family and multi-family assets, as well as more traditional types of fixed-income investments that provide coupon income, such as Agency residential mortgage-backed securities (RMBS). The Company’s investments include residential loans, including business purpose loans; structured multi-family property investments such as preferred equity in, and mezzanine loans to, owners of multi-family properties; agency RMBS; non-agency RMBS; commercial mortgage-backed security (CMBS), and other mortgage, residential housing and credit-related assets and strategic investments in companies.
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NDAQ:NYMT - Post by User
New York Mortgage Trust Inc
> Big Fat Dividend
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lou
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Post by
lou
on Mar 18, 2020 7:42pm
340 Views
Post# 30824120
Big Fat Dividend
Big Fat Dividend
WHO ELSE is following this? According to Bigcharts - it's sporting a
52% Dividend
and trades for
2.4 times earnings
.... I like extreme value...
Does anyone have any idea how safe the dividend is?
Diamond Lou
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