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 September 17, 2018. The report addresses Item 8.01 (Other Events) regarding the declaration of dividends by the Board of Directors.
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, net income, cash flow, operating margins, debt levels, or liquidity ratios. The document focuses exclusively on dividend declarations.
- Common Stock Dividend: A regular quarterly cash dividend was declared for the quarter ending September 30, 2018.
- Preferred Stock Dividends: Cash dividends were declared for the following series for the period July 15, 2018, to October 14, 2018:
- 7.75% Series B Cumulative Redeemable Preferred Stock
- 7.875% Series C Cumulative Redeemable Preferred Stock
- 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Material Changes
The filing does not disclose material changes in financial position or operations compared to prior periods. It serves as a notification of the Board's decision to declare dividends.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The full details of the dividend announcement are contained in the Press Release filed as Exhibit 99.1, which is incorporated by reference but not reproduced in the text of this 8-K.
Investor Verification Checklist
- Verify the exact per-share dividend amounts for Common Stock and all Preferred Stock series by reviewing the attached Press Release (Exhibit 99.1), as these figures are not listed in the 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 underlying financial performance metrics (revenue, FFO, debt) not included in this current report.