Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (Note: The request metadata lists "ADAMAS TRUST, INC.", but the filing text identifies the registrant as New York Mortgage Trust, Inc.) on March 9, 2023. The filing primarily addresses corporate governance events, specifically the declaration of dividends and the scheduling of the 2023 Annual Meeting of Stockholders.
Key Financial Metrics
The filing does not provide specific financial performance data such as revenue, net income, cash flow, operating margins, debt levels, or liquidity ratios. The document focuses exclusively on dividend declarations for the following securities:
- Common Stock (Quarter ending March 31, 2023)
- 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
- 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
- 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
- 7.000% Series G Cumulative Redeemable Preferred Stock
Dividends for the preferred stock series cover the period from January 15, 2023, to April 14, 2023. The specific dollar amounts per share are not detailed in the text of this 8-K but are referenced in the attached Press Release (Exhibit 99.1).
Material Changes
No material changes to financial position or operations are reported in this filing. The document serves to notify the market of routine corporate actions (dividend declarations and meeting scheduling) rather than reporting operational variances or financial restatements.
Guidance, Outlook, and Corporate Events
Annual Meeting: The Board established the 2023 Annual Meeting of Stockholders to be held virtually on June 6, 2023, at 9:00 a.m. Eastern Time. The record date for stockholders eligible to vote is April 14, 2023.
Management Commentary: The filing incorporates by reference a Press Release (Exhibit 99.1) containing the full details of the dividend declarations. No forward-looking guidance regarding future earnings or market conditions is included in the text of this report.
Investor Verification Checklist
- Verify the specific dividend amounts per share for Common Stock and all Preferred Stock series by reviewing the attached Press Release (Exhibit 99.1).
- Confirm the record date of April 14, 2023, for eligibility to vote at the Annual Meeting.
- Review the virtual meeting access details for the June 6, 2023, Annual Meeting.
- Note that this filing does not contain updated financial statements; refer to the most recent 10-Q or 10-K for revenue, profit, and liquidity data.