Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (the "Company") on September 15, 2016. The filing announces the declaration of regular quarterly cash dividends by the Board of Directors for the Company's common stock and two series of preferred stock.
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt levels, or liquidity ratios. The document focuses exclusively on dividend declarations.
Material Changes and Dividend Declarations
- Common Stock: A regular quarterly cash dividend was declared for the quarter ending September 30, 2016.
- 7.75% Series B Cumulative Redeemable Preferred Stock: A cash dividend was declared for the quarterly period from July 15, 2016, to October 14, 2016.
- 7.875% Series C Cumulative Redeemable Preferred Stock: A cash dividend was declared for the quarterly period from July 15, 2016, to October 14, 2016.
The specific dividend amounts per share are not stated in the text of this Form 8-K; they are contained in the referenced Press Release (Exhibit 99.1).
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It serves solely to disclose the event of the dividend declaration.
Investor Verification Checklist
- Verify the specific dividend amount per share for common stock and both preferred series by reviewing the Press Release (Exhibit 99.1) referenced in this filing.
- Confirm the record date and payment date for the declared dividends, as these are not listed in the Form 8-K text.
- Review the Company's most recent 10-Q or 10-K for underlying financial performance supporting the dividend declaration.