|
|
|
Highest Yielding Preferred Stocks
By Preferred Stock Channel Staff, updated Monday, May 13, 12:46 PM
#46. New York Mortgage Trust Inc | 8.00% Series D Fix/Float Cumulative Red Preferred Stock (NASDAQ:NYMTN) | 9.68% CURRENT YIELD
Discount to Liquidation Preference: -17.36% | Average Discount in Category: -15.06% |
Current Annualized Yield: 9.68% | Average Yield in Category: 7.92% | Days Since Last Ex-Div Date: 43 | See Dividend History » | Categorization: Real Estate |
Series: | D | Redeemable?: | Yes | Call Date: | 10/15/2027 | Perpetual?: | Yes | Cumulative?: | Yes | Shares Offered: | 5,000,000 | Overallotment: | 750,000 | Liquidation Preference: | $25.00 | Recent Market Price: | $20.66 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-4.34 (-17.36%) | Annualized Dividend: | 2 | Recent Ex-Date: | 3/28/2024 | Current Yield: | 9.68% | Original Coupon: | 8.00% until 10/15/2027, then distributions will be paid at a floating rate equal to three-month LIBOR plus a spread of 5.695% per annum | Pay Period: | Quarterly | Pay Dates: | 15-Jan, 15-Apr, 15-Jul, 15-Oct | CDx3 Compliance Rating: |
Learn NYMTN's Rating
|
|
New York Mortgage Trust is a real estate investment trust engaged in the business of acquiring, investing in, financing and managing mortgage-related single-family and multi-family residential assets. Co.'s investment portfolio includes credit sensitive single-family and multi-family assets. Co.'s targeted 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; residential mortgage-backed securities that are not guaranteed by any agency of the U.S. Government or government sponsored enterprise; and commercial mortgage-backed securities. Preferreds: NYMTP, NYMTN, NYMTM, NYMTL, NYMTZ Open the NYMT Information Page »
|
Name: |
New York Mortgage Trust Inc |
Website: |
www.nymtrust.com |
Sector: |
REITs |
Number of ETFs Holding NYMT: |
38 (see which ones) |
Total Market Value Held by ETFs: |
$135,426,304.55 |
Total Market Capitalization: |
$564,000,000 |
% of Market Cap. Held by ETFs: |
24.01% |
|
|
|