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 September 9, 2019. The report announces the declaration of regular quarterly cash dividends by the Board of Directors for the quarter ending September 30, 2019, and specific quarterly periods for preferred stock classes.
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. The following securities are registered and received dividend declarations:
- Common Stock (Symbol: NYMT)
- 7.75% Series B Cumulative Redeemable Preferred Stock (Symbol: NYMTP; Liquidation Preference: $25.00)
- 7.875% Series C Cumulative Redeemable Preferred Stock (Symbol: NYMTO; Liquidation Preference: $25.00)
- 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: NYMTN; Liquidation Preference: $25.00)
Material Changes
The filing does not report material changes in financial performance, asset composition, or debt levels compared to prior periods. The primary event is the routine declaration of dividends for the current quarter.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure of the dividend declaration. The dividend periods for the preferred stock classes are specified as beginning July 15, 2019, and ending October 14, 2019.
Investor Verification Checklist
- Verify the exact per-share dividend amounts for Common Stock and all Preferred Stock series (Series B, C, and D) in the referenced Press Release (Exhibit 99.1), as these figures are not included in the Form 8-K text.
- 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, net income, liquidity) as this 8-K does not contain them.