March 17, 2010 (FinancialWire) — New York Mortgage Trust, Inc. (NASDAQ: NYMT) said that its board of directors has declared a cash dividend of $0.25 per share on shares of its common stock for the quarter ended March 31, 2010. The dividend is payable on April 26, 2010 to common stockholders of record as of April 1, 2010.

In addition, the board declared a dividend of $0.625 per share on shares of its series A preferred stock for the 2010 first quarter in accordance with the terms of the series A preferred stock. The dividend will be payable on April 30, 2010 to stockholders of record on March 31, 2010.

New York-based New York Mortgage Trust is a real estate investment trust that acquires and manages primarily real estate-related assets, including mortgage-backed securities issued by Fannie Mae or Freddie Mac, residential adjustable rate mortgage loans, non-Agency RMBS, and to a lesser extent, certain other real-estate related and financial assets.

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.