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 June 17, 2022. The report addresses Item 8.01 (Other Events) regarding the declaration of dividends for the quarter ending June 30, 2022.
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 for the period beginning April 15, 2022, and ending July 14, 2022:
- Common Stock: Regular quarterly cash dividend declared (specific amount not stated in this text).
- Series D Preferred Stock: 8.000% Fixed-to-Floating Rate Cumulative Redeemable.
- Series E Preferred Stock: 7.875% Fixed-to-Floating Rate Cumulative Redeemable.
- Series F Preferred Stock: 6.875% Fixed-to-Floating Rate Cumulative Redeemable.
- Series G Preferred Stock: 7.000% Cumulative Redeemable.
Material Changes
The filing does not report material changes to financial performance, debt levels, or operational metrics 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 disclose the dividend declaration event and incorporates the full press release as Exhibit 99.1.
Investor Verification Checklist
- Verify the specific per-share dividend amount for Common Stock in the attached Press Release (Exhibit 99.1), as it is not listed in the main text.
- Confirm the record date and payment date for the declared dividends.
- Review the company's liquidity position in the most recent 10-Q or 10-K to assess the ability to fund these dividend payments.
- Check for any subsequent filings regarding the payment of these dividends.