New York Mortgage Trust Announces Tax Treatment of Common Stock Dividends Paid in 2009
NEW YORK, Jan. 15 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) ("NYMT" or the "Company") announced today the following tax treatment for dividends paid in 2009 on the Company's common stock.
Declaration Date |
Record Date |
Payment Date |
Cash Distribution per share |
Short-term Capital Gain |
Taxable Ordinary Dividend |
Return of Capital |
|
12/23/08 |
01/07/09 |
01/26/09 |
$0.10 |
$0.00 |
$0.10 |
$0.00 |
|
03/25/09 |
04/06/09 |
04/27/09 |
$0.18 |
$0.00 |
$0.18 |
$0.00 |
|
06/14/09 |
06/26/09 |
07/27/09 |
$0.23 |
$0.00 |
$0.23 |
$0.00 |
|
09/28/09 |
10/13/09 |
10/26/09 |
$0.25 |
$0.00 |
$0.25 |
$0.00 |
|
Total 2009 Cash Distribution |
$0.76 |
$0.00 |
$0.76 |
$0.00 |
|||
Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of dividends on the Company's common stock. The information set forth above is also available on the Company's website, www.nymtrust.com, under the "Investor Relations -- Dividend History" section of the website.
About New York Mortgage Trust
New York Mortgage Trust, Inc. is a real estate investment trust (REIT) that acquires and manages primarily real estate-related assets, including mortgage-backed securities ("RMBS") issued by Fannie Mae or Freddie Mac (each an "Agency"), high credit quality residential adjustable rate mortgage ("ARM") loans, non-Agency RMBS, and to a lesser extent, certain alternative real-estate related and financial assets. As a REIT, the Company is not subject to federal income tax, provided that it distributes at least 90% of its REIT income to stockholders.
SOURCE New York Mortgage Trust, Inc.
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