NEW YORK, December 13, 2021 (GLOBE NEWSWIRE) – New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) today announced that its board of directors (the “Board”) has declared a Regular quarterly cash dividend of $ 0.10 per share on the shares of its common stock for the quarter ending December 31, 2021. The dividend will be payable on January 25, 2022 to common shareholders of record at the close of business on December 27, 2021.

In addition, the board of directors declared cash dividends on the Company’s 8,000% cumulative fixed-rate variable-rate redeemable preferred shares (“Series D preferred shares”), 7.875% on the preferred shares. Redeemable Fixed and Variable Rate Series E (“Preferred Shares Series E”), 6.875% Redeemable Fixed-Variable Rate Preferred Shares Series F (“Preferred Shares Series F”) and 7.000% Preferred Shares Series G Cumulative Redemptions (“Series G Preferred Shares”) as set out below.

Quarterly dividends on preferred shares
The board declared cash dividends on the Company’s Series D, E and F preferred shares for the dividend period that began on October 15, 2021 and ends on January 14, 2022 and declared cash dividends on the shares. Series G preferred shares of the Company for the initial dividend period which began on November 24, 2021 and ends on January 14, 2022 as follows:

Preferred share class

D series

E series

F series

G series

Registration Date

January 1, 2022

January 1, 2022

January 1, 2022

January 1, 2022

Payment date

January 15, 2022

January 15, 2022

January 15, 2022

January 15, 2022

Cash dividend per share

$ 0.50

$ 0.4921875

$ 0.4296875

$ 0.24792

About the 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 (“REIT”) for federal income tax purposes. NYMT is an internally managed REIT engaged in the acquisition, investment, financing and management of single-family and multi-family residential assets primarily related to mortgages.

Forward-looking statements
Where used in this press release, in future filings with the Securities and Exchange Commission (the “SEC”) or in other written or oral communications, statements that are not historical in nature, including including those containing words such as “will”, “believe,” “expect”, “anticipate”, “estimate”, “plan”, “continue”, “intend”, “could”, ” should ”,“ should ”,“ might ”or similar expressions, are intended to identify“ ”forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities The Exchange Act of 1934, as amended (the “Exchange Act”), and as such may involve and risks, uncertainties and assumptions unknown. Statements regarding the following subject, among others, may be forward-looking: the payment of dividends.

Forward-looking statements are based on estimates, projections, beliefs and assumptions of the management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties as to the prediction of future results and conditions. Actual results could differ materially from those projected in these forward-looking statements due to various factors, including, without limitation: changes in the business and investment strategy of the Company; variations in interest rates and the fair market value of the Company’s assets, including negative variations resulting in margin calls related to the financing of the Company’s assets; changes in credit spreads; changes in the long-term credit ratings of the United States, Fannie Mae, Freddie Mac and Ginnie Mae; the general volatility of the markets in which the Company invests; changes in prepayment rates on loans held by the Company or underlying the Company’s investment securities; increased rates of default or delinquency and / or reduced recovery rates on the assets of the Company; the Company’s ability to identify and acquire targeted assets, including assets in its investment pipeline; changes in relationships with the Company’s financial counterparties and the Company’s ability to borrow to finance its assets and the terms thereof; the Company’s ability to forecast and control costs; changes in laws, regulations or policies affecting the Company’s business, including measures that can be taken to contain or address the impact of the COVID-19 pandemic; the Company’s ability to make distributions to its shareholders in the future; the Company’s ability to maintain its qualification as a REIT for federal tax purposes; the Company’s ability to maintain its exemption from registration under the Investment Companies Act 1940, as amended; risks associated with investing in real estate assets, including changes in business conditions and general economy, availability of investment opportunities and market conditions for agency RMBS, non-agency RMBS, ABS and CMBS, residential loans, multi-structured family investments and other assets related to mortgages, residential housing and credit, including changes resulting from the continued spread and economic effects of COVID-19; and the impact of COVID-19 on the Company, its operations and its people.

These risks, uncertainties and factors, including the risk factors described in the Company’s reports filed with the SEC in accordance with the Exchange Act, could cause the Company’s actual results to differ materially from those projected in the results. forward-looking statements of the Company. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time and it is not possible to predict these events or how they might affect the Company. Except as required by law, the Company is not obligated and does not intend to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. .

For more information

Investor Relations
Telephone: 212-792-0107
E-mail: [email protected]