New York Mortgage Trust Declares Third Quarter 2022 Common

NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) introduced at present that its Board of Directors (the “Board”) declared a daily quarterly money dividend of $0.10 per share on shares of its widespread inventory for the quarter ending September 30, 2022. The dividend might be payable on October 26, 2022 to widespread stockholders of report as of the shut of business on September 26, 2022.

In addition, the Board declared money dividends on the Company’s 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series E Preferred Stock”), 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”) and seven.000% Series G Cumulative Redeemable Preferred Stock (“Series G Preferred Stock”) as acknowledged beneath.

Quarterly Preferred Stock Dividends
The Board declared money dividends for the dividend interval that started on July 15, 2022 and ends on October 14, 2022 as follows:

About New York Mortgage Trust
New York Mortgage Trust, Inc. is a Maryland company that has elected to be taxed as an actual property funding belief (“REIT”) for federal earnings tax functions. NYMT is an internally managed REIT within the business of buying, investing in, financing and managing primarily mortgage-related single-family and multi-family residential property, together with three way partnership fairness investments in multi-family condo communities.

Forward-Looking Statements
When used on this press launch, in future filings with the Securities and Exchange Commission (the “SEC”) or in different written or oral communications, statements which aren’t historic in nature, together with these containing phrases equivalent to “will,” “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “could,” “would,” “should,” “may” or related expressions, are supposed to determine “forward-looking statements” throughout the which means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, as such, might contain identified and unknown dangers, uncertainties and assumptions. Statements relating to the next topic, amongst others, could also be forward-looking: the fee of dividends.

Forward-looking statements are primarily based on estimates, projections, beliefs and assumptions of administration of the Company on the time of such statements and usually are not ensures of future efficiency. Forward-looking statements contain dangers and uncertainties in predicting future outcomes and circumstances. Actual outcomes and outcomes might differ materially from these projected in these forward-looking statements because of quite a lot of elements, together with, with out limitation: modifications within the Company’s business and funding technique; modifications in rates of interest and the honest market worth of the Company’s property, together with detrimental modifications leading to margin calls regarding the financing of the Company’s property; modifications in credit score spreads; modifications within the long-term credit score rankings of the U.S., Fannie Mae, Freddie Mac, and Ginnie Mae; basic volatility of the markets through which the Company invests; modifications in prepayment charges on the loans the Company owns or that underlie the Company’s funding securities; elevated charges of default, delinquency or emptiness and/or decreased restoration charges on or on the Company’s property; the Company’s means to determine and purchase focused property, together with property in its funding pipeline; modifications in relationships with the Company’s financing counterparties and the Company’s means to borrow to finance its property and the phrases thereof; modifications in {our relationships} with and/or the efficiency of our working companions; the Company’s means to foretell and management prices; modifications in legal guidelines, rules or insurance policies affecting the Company’s business, together with actions that could be taken to comprise or deal with the affect of the COVID-19 pandemic; the Company’s means to make distributions to its stockholders sooner or later; the Company’s means to keep up its qualification as a REIT for federal tax functions; the Company’s means to keep up its exemption from registration below the Investment Company Act of 1940, as amended; dangers related to investing in actual property property, together with modifications in business circumstances and the final economy, the provision of funding alternatives and the circumstances available in the market for Agency RMBS, non-Agency RMBS, ABS and CMBS securities, residential loans, structured multi-family investments and different mortgage-, residential housing- and credit-related property; and the affect of COVID-19 on the Company, its operations and its personnel.

These and different dangers, uncertainties and elements, together with the chance elements described within the Company’s reviews filed with the SEC pursuant to the Exchange Act, might trigger the Company’s precise outcomes to vary materially from these projected in any forward-looking statements the Company makes. All forward-looking statements communicate solely as of the date on which they’re made. New dangers and uncertainties come up over time and it isn’t potential to foretell these occasions or how they could have an effect on the Company. Except as required by legislation, the Company will not be obligated to, and doesn’t intend to, replace or revise any forward-looking statements, whether or not because of new info, future occasions or in any other case.

For Further Information

AT THE COMPANY
Investor Relations
Phone: 212-792-0107
Email: [email protected]