New York Mortgage Trust 8% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

By: ,

Date Issued   10/6/2017

Shares Issued  5,000,000          Overallotment Shares   750,000

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   NYMTN  OTC Temp Ticker   NYMMP

Market Traded ON   NASDAQ

Dividend Payment Paid on the 15th of January, April, July and October beginning on 01/15/2018

Quarterly Dividend   .50   Annual Dividend   2.00

Securities may be redeemed, at the issuers option, as early as 10/15/2027 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will NOT be a Qualified Distributions (REIT Preferred Share dividends are not Qualifying Dividends)

Maturity Date   None

 

Company Investor Relations Page for New York Mortgage Trust

Click here to find the offering Prospectus and Final Pricing Document

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