Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (the "Company") on December 7, 2017. The filing reports the declaration of regular quarterly cash dividends by the Board of Directors for the Company's common stock and three series of preferred stock.
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt levels, or liquidity ratios. The document focuses exclusively on dividend declarations.
Material Changes
The material event reported is the declaration of the following dividends:
- Common Stock: Regular quarterly cash dividend for the quarter ending December 31, 2017.
- 7.75% Series B Cumulative Redeemable Preferred Stock: Cash dividend for the period October 15, 2017, to January 14, 2018.
- 7.875% Series C Cumulative Redeemable Preferred Stock: Cash dividend for the period October 15, 2017, to January 14, 2018.
- 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: Cash dividend for the period October 13, 2017, to January 14, 2018.
The specific dollar amounts per share for these dividends are not stated in the text of this filing; they are referenced in the attached Press Release (Exhibit 99.1).
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the standard disclosure of the dividend declarations.
Investor Verification Checklist
- Verify the specific dividend per share amounts by reviewing the Press Release filed as Exhibit 99.1.
- Confirm the record dates and payment dates for the common and preferred stock dividends.
- Review the Company's most recent 10-Q or 10-K for underlying financial performance supporting these dividend payments.