Authorization

New York Mortgage Trust Declares Third Quarter 2020 Common Stock Dividend of $0.075 Per Share, and Preferred Stock Dividends

NEW YORK, Sept. 14, 2020 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the a??Companya??) announced today that its Board of Directors (the a??Boarda??) declared a regular quarterly cash dividend of $0.075 per share on shares of its common stock for the quarter ending September 30, 2020. The dividend will be payable on October 26, 2020 to common stockholders of record as of the close of business on September 24, 2020.
In addition, the Board declared cash dividends for the quarterly period that began on July 15, 2020 and ends on October 14, 2020 on the Companya??s 7.75% Series B Cumulative Redeemable Preferred Stock (a??Series B Preferred Stocka??), 7.875% Series C Cumulative Redeemable Preferred Stock (a??Series C Preferred Stocka??), 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (a??Series D Preferred Stocka??) and 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (a??Series E Preferred Stocka??) as stated below.

Class of Preferred Stock







Series B







Series C







Series D







Series E



Record Date







October 1, 2020







October 1, 2020







October 1, 2020







October 1, 2020



Payment Date







October 15, 2020







October 15, 2020







October 15, 2020







October 15, 2020



Cash Dividend Per Share







$0.484375







$0.4921875







$0.50







$0.4921875

About New York Mortgage Trust
New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (a??REITa??) for federal income tax purposes. NYMT is an internally managed REIT in the business of acquiring, investing in, financing and managing primarily mortgage-related single-family and multi-family residential assets.Forward-Looking Statements
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