New York Mortgage Trust Dividends and Buybacks
Dividend criteria checks 2/6
New York Mortgage Trust is a dividend paying company with a current yield of 14.21%. Next payment date is on 15th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
14.2%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 15.9% |
| Future Dividend Yield | 14.2% |
| Dividend Growth | -2.3% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | US$0.800 |
| Payout ratio | -52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NYMT.Z's dividend payments have been volatile in the past 10 years.
Growing Dividend: NYMT.Z's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| New York Mortgage Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NYMT.Z) | 14.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Mortgage REITs) | 12.2% |
| Analyst forecast (NYMT.Z) (up to 3 years) | 14.2% |
Notable Dividend: NYMT.Z's dividend (14.21%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: NYMT.Z's dividend (14.21%) is in the top 25% of dividend payers in the US market (4.38%)
Earnings Payout to Shareholders
Earnings Coverage: NYMT.Z is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (265.1%), NYMT.Z's dividend payments are not well covered by cash flows.