New York Mortgage Trust Announces Tax Treatment of 2024 Dividend Distributions
New York Mortgage Trust (NYMT) has released its tax treatment details for 2024 dividend distributions. The company paid quarterly common stock dividends of $0.20 per share, totaling $1.00 for the year. The January 2025 distribution will be treated as a 2025 distribution for tax purposes.
For preferred stocks, the company distributed: Series D (8.000%) - $2.00 per share annually, Series E (7.875%) - $1.97 per share annually, Series F (6.875%) - $1.72 per share annually, and Series G (7.000%) - $1.75 per share annually. No portion of the 2024 distributions is expected to consist of excess inclusion income.
New York Mortgage Trust (NYMT) ha rilasciato i dettagli sul trattamento fiscale per le distribuzioni di dividendi del 2024. L'azienda ha pagato dividendi di azioni ordinarie trimestrali di $0.20 per azione, per un totale di $1.00 per l'anno. La distribuzione di gennaio 2025 sarà considerata una distribuzione del 2025 ai fini fiscali.
Per le azioni privilegiate, l'azienda ha distribuito: Serie D (8.000%) - $2.00 per azione annualmente, Serie E (7.875%) - $1.97 per azione annualmente, Serie F (6.875%) - $1.72 per azione annualmente e Serie G (7.000%) - $1.75 per azione annualmente. Non si prevede che una parte delle distribuzioni del 2024 consista in reddito da inclusione eccessiva.
New York Mortgage Trust (NYMT) ha publicado los detalles sobre el tratamiento fiscal para las distribuciones de dividendos de 2024. La compañía pagó dividendos trimestrales de acciones ordinarias de $0.20 por acción, totalizando $1.00 para el año. La distribución de enero de 2025 se tratará como una distribución de 2025 a efectos fiscales.
Para las acciones preferentes, la compañía distribuyó: Serie D (8.000%) - $2.00 por acción anualmente, Serie E (7.875%) - $1.97 por acción anualmente, Serie F (6.875%) - $1.72 por acción anualmente y Serie G (7.000%) - $1.75 por acción anualmente. No se espera que ninguna parte de las distribuciones de 2024 consista en ingresos por inclusión excesiva.
뉴욕 모기지 트러스트(NYMT)는 2024년 배당 분배에 대한 세금 처리 세부사항을 발표했습니다. 이 회사는 주식의 분기당 $0.20의 배당금을 지급하며, 연간 총액은 $1.00입니다. 2025년 1월 배당은 세금 목적상 2025년 배당으로 간주됩니다.
우선주에 대해서는 회사가 다음과 같이 배당금을 분배했습니다: 시리즈 D (8.000%) - 주당 $2.00, 시리즈 E (7.875%) - 주당 $1.97, 시리즈 F (6.875%) - 주당 $1.72, 시리즈 G (7.000%) - 주당 $1.75입니다. 2024년 배당금의 어느 부분도 초과 포함 소득으로 간주될 것으로 보이지 않습니다.
New York Mortgage Trust (NYMT) a publié les détails concernant le traitement fiscal des distributions de dividendes pour 2024. La société a versé des dividendes trimestriels sur actions ordinaires de 0,20 $ par action, pour un total de 1,00 $ sur l'année. La distribution de janvier 2025 sera considérée comme une distribution de 2025 aux fins fiscales.
Pour les actions préférentielles, la société a distribué : Série D (8,000%) - 2,00 $ par action par an, Série E (7,875%) - 1,97 $ par action par an, Série F (6,875%) - 1,72 $ par action par an et Série G (7,000%) - 1,75 $ par action par an. Aucune partie des distributions de 2024 ne devrait consister en des revenus d'inclusion excessive.
New York Mortgage Trust (NYMT) hat die Einzelheiten zur steuerlichen Behandlung der Dividendenverteilungen für 2024 veröffentlicht. Das Unternehmen hat vierteljährliche Dividenden von 0,20 $ pro Aktie gezahlt, was insgesamt 1,00 $ für das Jahr ergibt. Die Verteilung im Januar 2025 wird zu Steuerzwecken als Verteilung für 2025 behandelt.
Für Vorzugsaktien hat das Unternehmen verteilt: Serie D (8.000%) - 2,00 $ pro Aktie jährlich, Serie E (7.875%) - 1,97 $ pro Aktie jährlich, Serie F (6.875%) - 1,72 $ pro Aktie jährlich und Serie G (7.000%) - 1,75 $ pro Aktie jährlich. Es wird nicht erwartet, dass ein Teil der Verteilungen von 2024 Überprüfungen von überhöhten Einkünften enthält.
- Consistent quarterly dividend payments of $0.20 per share maintained throughout 2024
- Regular preferred stock dividend payments maintained across all series
- None.
NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2024. This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company.
Stockholders should review the 2024 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Also, as each stockholder's tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company's dividend distributions.
NYMT is required to report the portion of its 2024 dividends that are treated as excess inclusion income for federal income tax purposes. No portion of the Company's 2024 dividend distributions are expected to consist of excess inclusion income, which may be treated as unrelated business taxable income (UBTI) and subject to special tax reporting for certain tax-exempt investors.
The Company's dividend distributions per share of common stock (CUSIP #649604840) are to be classified for income tax purposes as follows:
| Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | |||||||||
| Declaration Date | Record Date | Payment Date | Distribution Per Share | Adjustments | 2024 Ordinary Dividend | 2024 Qualified Dividend | 2024 Capital Gain Distribution | 2024 Unrecaptured Section 1250 Gain | 2024 Non Dividend Distributions | 2024 199A Dividends (1) | ||||
| 12/14/2023 | 12/26/2023 | 1/26/2024(A) | - | - | - | - | - | - | ||||||
| 3/13/2024 | 3/25/2024 | 4/25/2024 | - | - | - | - | - | - | ||||||
| 6/18/2024 | 6/28/2024 | 7/29/2024 | - | - | - | - | - | - | ||||||
| 9/19/2024 | 9/30/2024 | 10/28/2024 | - | - | - | - | - | - | ||||||
| 12/10/2024 | 12/20/2024 | 1/23/2025(B) | ( | - | - | - | - | - | - | |||||
| Totals | $1.00 | ( | - | - | - | - | $0.80 | - | ||||||
| (A) | Cash distributions paid in January 2024 were treated as a 2024 distribution for federal income tax purposes (See press release related to tax treatment of 2023 dividend distributions). If you were a stockholder of record as of December 26, 2023, | |
| (B) | Pursuant to IRC Section 857(b)(9), distributions made on January 23, 2025, with a record date of December 20, 2024 are treated as received by stockholders on December 31, 2024 to the extent of 2024 earnings and profits. As NYMT’s aggregate 2024 cash distributions exceeded its 2024 earnings and profits, the January 2025 cash distribution declared in December 2024 is treated as a 2025 distribution for federal income tax purposes and is not included on the 2024 Form 1099. If you were a stockholder of record as of December 20, 2024, |
The Company’s dividend distributions per share of
| Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | ||||||
| Declaration Date | Record Date | Payment Date | 2024 Distribution Per Share | 2024 Ordinary Dividend | 2024 Qualified Dividend | 2024 Capital Gain Distribution | 2024 Unrecaptured Section 1250 Gain | 2024 Non Dividend Distributions | 2024 199A Dividends (1) | ||
| 12/14/2023 | 1/1/2024 | 1/15/2024 | - | - | - | - | - | ||||
| 3/13/2024 | 4/1/2024 | 4/15/2024 | - | - | - | - | - | ||||
| 6/18/2024 | 7/1/2024 | 7/15/2024 | - | - | - | - | - | ||||
| 9/19/2024 | 10/1/2024 | 10/15/2024 | - | - | - | - | - | ||||
| Totals | $2.00 | - | - | - | - | $2.00 | - | ||||
The Company's dividend distributions per share of
| Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | |||||||
| Declaration Date | Record Date | Payment Date | 2024 Distribution Per Share | 2024 Ordinary Dividend | 2024 Qualified Dividend | 2024 Capital Gain Distribution | 2024 Unrecaptured Section 1250 Gain | 2024 Non Dividend Distributions | 2024 199A Dividends (1) | |||
| 12/14/2023 | 1/1/2024 | 1/15/2024 | - | - | - | - | - | |||||
| 3/13/2024 | 4/1/2024 | 4/15/2024 | - | - | - | - | - | |||||
| 6/18/2024 | 7/1/2024 | 7/15/2024 | - | - | - | - | - | |||||
| 9/19/2024 | 10/1/2024 | 10/15/2024 | - | - | - | - | - | |||||
| Totals | $1.9687500 | - | - | - | - | $1.9687500 | - | |||||
The Company's dividend distributions per share of
| Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | ||||||
| Declaration Date | Record Date | Payment Date | 2024 Distribution Per Share | 2024 Ordinary Dividend | 2024 Qualified Dividend | 2024 Capital Gain Distribution | 2024 Unrecaptured Section 1250 Gain | 2024 Non Dividend Distributions | 2024 199A Dividends (1) | ||
| 12/14/2023 | 1/1/2024 | 1/15/2024 | - | - | - | - | - | ||||
| 3/13/2024 | 4/1/2024 | 4/15/2024 | - | - | - | - | - | ||||
| 6/18/2024 | 7/1/2024 | 7/15/2024 | - | - | - | - | - | ||||
| 9/19/2024 | 10/1/2024 | 10/15/2024 | - | - | - | - | - | ||||
| Totals | $1.7187500 | - | - | - | - | $1.7187500 | - | ||||
The Company's dividend distributions per share of
| Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | ||||||
| Declaration Date | Record Date | Payment Date | 2024 Distribution Per Share | 2024 Ordinary Dividend | 2024 Qualified Dividend | 2024 Capital Gain Distribution | 2024 Unrecaptured Section 1250 Gain | 2024 Non Dividend Distributions | 2024 199A Dividends (1) | ||
| 12/14/2023 | 1/1/2024 | 1/15/2024 | - | - | - | - | - | ||||
| 3/13/2024 | 4/1/2024 | 4/15/2024 | - | - | - | - | - | ||||
| 6/18/2024 | 7/1/2024 | 7/15/2024 | - | - | - | - | - | ||||
| 9/19/2024 | 10/1/2024 | 10/15/2024 | - | - | - | - | - | ||||
| Totals | $1.750000 | - | - | - | - | $1.750000 | - | ||||
(1) Section 199A Dividends, if any, are reported in Box 5 of Form 1099-DIV. Section 199A Dividends are a subset of, and included in, Ordinary Dividends, which are reported in Box 1a of Form 1099-DIV. Section 199A Dividends shows the portion of the Ordinary Dividends in Box 1a that may be eligible for the
NYMT does not provide tax, accounting or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used for the purpose of avoiding U.S., federal, state or local tax penalties. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividend distributions and the information contained herein.
About New York Mortgage Trust
New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes. NYMT is an internally managed REIT in the business of acquiring, investing in, financing and managing primarily mortgage-related single-family and multi-family residential assets.
For Further Information
AT THE COMPANY
Investor Relations
Phone: 212-792-0107
Email: InvestorRelations@nymtrust.com
FAQ
What is the total common stock dividend paid by NYMT in 2024?
How are NYMT's 2024 common stock dividends classified for tax purposes?
What is the annual dividend rate for NYMT's Series D preferred stock?
Does NYMT's 2024 dividend distribution include excess inclusion income?
How is NYMT's January 2025 dividend payment treated for tax purposes?
