Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (the "Company") on June 14, 2017. The filing primarily addresses the declaration of dividends by the Board of Directors for the quarter ending June 30, 2017, and specific quarterly periods for preferred stock.
Key Financial Metrics
The filing does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on dividend declarations rather than reporting period financial performance.
- Common Stock: Regular quarterly cash dividend declared for the quarter ending June 30, 2017.
- 7.75% Series B Preferred Stock: Cash dividend declared for the period April 15, 2017, to July 14, 2017.
- 7.875% Series C Preferred Stock: Cash dividend declared for the period April 15, 2017, to July 14, 2017.
Material Changes
The filing does not disclose material changes in financial position or operations compared to prior periods. It serves as a notification of the Board's decision to distribute dividends.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The full details of the dividend announcement are contained in the Press Release filed as Exhibit 99.1, which is incorporated by reference but not reproduced in the text of this filing.
Investor Verification Checklist
- Verify the specific dividend per share amounts for Common, Series B, and Series C stock in the attached Press Release (Exhibit 99.1).
- Confirm the record date and payment date for the declared dividends.
- Review the Company's most recent 10-Q or 10-K for actual financial performance metrics (revenue, FFO, debt levels) as this 8-K does not contain them.