Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (noted as ADAMAS TRUST, INC. in metadata) on June 18, 2024. The filing primarily serves to announce the declaration of regular quarterly cash dividends by the Board of Directors for the quarter ending June 30, 2024.
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 for the following securities:
- Common Stock: Regular quarterly cash dividend declared.
- 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYMTN): Dividend declared for the period April 15, 2024, to July 14, 2024.
- 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYMTM): Dividend declared for the period April 15, 2024, to July 14, 2024.
- 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYMTL): Dividend declared for the period April 15, 2024, to July 14, 2024.
- 7.000% Series G Cumulative Redeemable Preferred Stock (NYMTZ): Dividend declared for the period April 15, 2024, to July 14, 2024.
Material Changes
The filing does not report material changes to financial performance, debt levels, or operational metrics compared to prior periods. The only reported event is the routine declaration of dividends.
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. Specific dividend amounts per share are not listed in this text and are referenced in the attached press release (Exhibit 99.1).
Investor Verification Checklist
- Verify the specific dividend amount per share for Common Stock and each Preferred Stock series by reviewing the attached Press Release (Exhibit 99.1).
- Confirm the record date and payment date for the declared dividends, as these are not explicitly stated in the Form 8-K text.
- Review the company's most recent 10-Q or 10-K for comprehensive financial metrics (revenue, net income, liquidity) as this 8-K does not contain them.