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6.14
1.29%
-0.08
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6.14
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Why is New York Mortgage Trust Inc (NYMT) Stock down?
We've noticed a 5.19% decline in New York Mortgage Trust Inc (NYMT) stock during the 2024-08-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
15 Dec, 2023:
Shares of New York Mortgage Trust Inc (NYMT) dropped by 10.96% from $9.58 to $8.53 in the trading on Friday, December 15, 2023. The reason why NYMT down today is due to the announcement by the company of a quarterly dividend of $0.20 per share. This represented a 33.3% decrease from the previous dividend of $0.30 per share. The reduction in the dividend likely contributed to the drop in NYMT shares on that day, as it signaled a change in the company's dividend policy.
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