New York Mortgage Trust, Inc. - NYMT STOCK NEWS

AlphaFlow, a technology platform for real estate debt investment, announced a minority equity investment from New York Mortgage Trust (NASDAQ: NYMT). This strategic move follows years of collaboration between AlphaFlow and NYMT, facilitating access to private real estate lenders. AlphaFlow aims to enhance its technology platform and launch a new financing platform this summer using the funds. The investment reflects confidence in AlphaFlow's ability to innovate within the real estate lending sector, and it joins contributions from notable investors like Point72 Ventures.

New York Mortgage Trust (NASDAQ: NYMT) announced a quarterly cash dividend of $0.10 per share for the quarter ending March 31, 2022, payable on April 25, 2022. Shareholders of record as of March 24, 2022 will receive this dividend. Additionally, dividends were declared for various series of preferred stock, payable on April 15, 2022. Series D Preferred Stock will receive $0.50 per share, while Series E, F, and G Preferred Stocks will receive $0.4921875, $0.4296875, and $0.4375, respectively. This reflects the company's ongoing commitment to return value to shareholders.

New York Mortgage Trust (NYMT) reported its financial results for Q4 and the full year 2021. The company achieved a net income of $22.5 million for Q4 and $144.2 million for the entire year, with earnings per share of $0.06 and $0.38, respectively. The net interest income stood at $30.8 million for Q4, reflecting a margin of 3.63%. Key developments included the purchase of $606.2 million in residential loans and the issuance of Series G Preferred Stock, raising $72.1 million. A $200 million share repurchase program was also authorized, enhancing shareholder value.

New York Mortgage Trust (NYMT) plans to release its financial results for the three and twelve months ending December 31, 2021, on February 17, 2022, after market close. An audio webcast and conference call with management will be held on February 18, 2022, at 9:00 a.m. Eastern Time. Interested parties can access the call via the company's investor relations website or by calling 877-312-8806. A replay will be available until February 25, 2022.

As a REIT, NYMT focuses on acquiring, financing, and managing mortgage-related residential assets.

New York Mortgage Trust, Inc. (NASDAQ: NYMT) has announced the tax treatment of common and preferred stock dividends declared in 2021. Common stock distributions total $0.40, with a breakdown of ordinary and qualified dividends provided. Preferred stock distributions include Series B, C, D, E, and F, with total distributions of $2.276563, $1.5585937, $2.0, $1.96875, and $0.467900, respectively. Stockholders are advised to consult their tax advisors regarding the specific tax implications of these distributions, which can vary based on individual tax situations.

New York Mortgage Trust (Nasdaq: NYMT) declared a quarterly cash dividend of $0.10 per share for Q4 2021, payable on January 25, 2022. Stockholders must be on record by the close of business on December 27, 2021. Additionally, the company announced cash dividends for its 8.000% Series D, 7.875% Series E, 6.875% Series F, and 7.000% Series G Preferred Stock, each with a payment date of January 15, 2022. These announcements reflect ongoing confidence in dividend distributions despite market uncertainties.

New York Mortgage Trust (Nasdaq: NYMT) announced the redemption of 3,156,087 shares of its 7.75% Series B Cumulative Redeemable Preferred Stock, effective December 18, 2021. The shares will be redeemed at $25.00 each, plus accrued dividends from October 15, 2021, to the redemption date. Payments will be made on December 20, 2021, via the Redemption Agent, American Stock Transfer & Trust Company. Post-redemption, the Series B Preferred Stock will cease to exist, and rights associated with the shares will terminate, except for the right to receive the redemption payment.

New York Mortgage Trust (NASDAQ: NYMT) has priced a public offering of 3,000,000 shares of its 7.000% Series G Cumulative Redeemable Preferred Stock, amounting to gross proceeds of $75 million. The offering, which includes an option for underwriters to purchase an additional 450,000 shares, is expected to close on November 24, 2021. Proceeds will be used to redeem all outstanding shares of the 7.75% Series B Preferred Stock and for general business purposes, including acquiring targeted mortgage-related assets. The stock will be listed under the symbol 'NYMTZ.'

New York Mortgage Trust (Nasdaq: NYMT) has announced a public offering of its Series G Cumulative Redeemable Preferred Stock, intended for listing on Nasdaq under the symbol NYMTZ. The offering will allow underwriters a 30-day option to purchase additional shares. Proceeds will be used to redeem the 7.75% Series B Preferred Stock and for general business purposes, including acquiring residential and mortgage-related assets. The offering is made under an effective shelf registration statement.