Sep 6, 2019

Stock Buy - New York Mortgage Preferred Shares D (NYTMN)

New York Mortgage Trust, Inc (NASDAQ: NYMTN) is a residential mortgage REIT and this is their preferred shares series D

I like these shares for its high yield and limited price swings similar to a big cap stock. I like to think of it as a high yielding CD with some market risk. ๐Ÿ‘๐Ÿ‘๐Ÿ™๐Ÿ’ฐ

DIVIDEND YIELD (FWD)
ANNUAL PAYOUT (FWD)
PAYOUT RATIO
5 YEAR GROWTH RATE
DIVIDEND GROWTH
8.01%$2.0075.36%-2 Years

DisclaimerAll information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock