SEC Filing Summary: Form 8-K
Business Context and Reporting Period
Company: New York Mortgage Trust, Inc. (Note: Metadata listed "ADAMAS TRUST, INC." but the filing text identifies the registrant as New York Mortgage Trust, Inc.)
Filing Date: December 21, 2009
Reporting Period: The filing announces dividends for the quarter ending December 31, 2009.
Key Financial Metrics
This filing is a Current Report (Form 8-K) regarding dividend declarations and does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data provided relates to per-share dividend amounts:
- Common Stock Dividend: $0.25 per share for the quarter ending December 31, 2009.
- Series A Preferred Stock Dividend: $0.625 per share for the fourth quarter of 2009.
Material Changes
The filing does not provide comparative financial data or discuss material changes in operating results versus prior periods. The primary event is the Board of Directors' declaration of cash dividends.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors declared the dividends in accordance with the terms of the Series A Preferred Stock.
Payment Schedule:
- Common Stock: Payable January 26, 2010, to stockholders of record on January 7, 2010.
- Series A Preferred Stock: Payable January 29, 2010, to stockholders of record on December 31, 2009.
Key Facts for Investor Verification
- Verify the record dates (January 7, 2010 for common; December 31, 2009 for preferred) to ensure eligibility for the declared dividends.
- Confirm the payment dates (January 26 and 29, 2010) for cash flow planning.
- Note that this filing does not contain operational performance data; refer to the company's 10-Q or 10-K for revenue and earnings details.
- Verify the distinction between the metadata company name (Adamas Trust) and the filing registrant (New York Mortgage Trust).