Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (Note: The request metadata references "ADAMAS TRUST, INC.", but the filing text explicitly identifies the registrant as New York Mortgage Trust, Inc.) on September 11, 2023. The report addresses Item 8.01 (Other Events) regarding the declaration of dividends for the quarter ending September 30, 2023.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on dividend declarations. The following dividend rates were declared:
- Common Stock: Regular quarterly cash dividend declared for the quarter ending September 30, 2023 (specific per-share amount not stated in this text).
- 8.000% Series D Preferred Stock: Dividend declared for the period July 15, 2023, to October 14, 2023.
- 7.875% Series E Preferred Stock: Dividend declared for the period July 15, 2023, to October 14, 2023.
- 6.875% Series F Preferred Stock: Dividend declared for the period July 15, 2023, to October 14, 2023.
- 7.000% Series G Preferred Stock: Dividend declared for the period July 15, 2023, to October 14, 2023.
Material Changes
The filing does not disclose material changes to financial performance, asset composition, or debt levels compared to prior periods. The primary event is the routine declaration of dividends by the Board of Directors.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It serves solely to announce the dividend declaration and incorporates the full press release as Exhibit 99.1.
Investor Verification Checklist
- Verify the specific per-share dividend amount for Common Stock by reviewing the attached Press Release (Exhibit 99.1), as it is not detailed in the 8-K text.
- Confirm the record date and payment date for the declared dividends.
- Review the company's latest 10-Q or 10-K for comprehensive financial metrics (revenue, net income, liquidity) not included in this current report.
- Note the discrepancy between the request metadata ("ADAMAS TRUST, INC.") and the actual registrant ("NEW YORK MORTGAGE TRUST, INC.") to ensure data accuracy.