Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (the "Company") on June 18, 2018. The filing primarily announces the declaration of regular quarterly cash dividends by the Board of Directors for the quarter ending June 30, 2018, and specific quarterly periods for various series of preferred stock.
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 rather than reporting period financial performance metrics.
Material Changes
No material changes to financial performance or operations are reported in this filing. The primary event is the declaration of dividends, which is a routine corporate action rather than a change in financial condition.
Guidance, Outlook, and Management Commentary
The Board of Directors declared the following dividends:
- Common Stock: Regular quarterly cash dividend for the quarter ending June 30, 2018.
- 7.75% Series B Cumulative Redeemable Preferred Stock: Cash dividend for the period April 15, 2018, to July 14, 2018.
- 7.875% Series C Cumulative Redeemable Preferred Stock: Cash dividend for the period April 15, 2018, to July 14, 2018.
- 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: Cash dividend for the period April 15, 2018, to July 14, 2018.
The filing incorporates a press release (Exhibit 99.1) for further details but does not contain specific guidance, risk factors, or unusual items within the text provided.
Investor Verification Checklist
- Verify the specific dividend per share amounts and payment dates in the attached Press Release (Exhibit 99.1), as these figures are not listed in the 8-K text.
- Confirm the record dates for the common and preferred stock dividends.
- Review the Company's most recent 10-Q or 10-K for actual revenue, profit, and liquidity metrics, as this 8-K does not contain them.