New York Mortgage Trust Announces Tax Treatment of Common Stock Dividends for 2011
NEW YORK, Jan. 31, 2012 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) (the "Company") announced today the following tax treatment for dividends paid or declared in 2011 on the Company's common stock.
|Total 2011 Cash Distribution||$1.00||$1.00|
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. These include Agency and non-Agency mortgage-backed securities, high credit quality residential adjustable rate mortgage loans, commercial mortgage loans and other financial assets. As a REIT, New York Mortgage Trust, Inc. is not subject to federal income tax, provided that it distributes at least 90% of its REIT income to stockholders.
CONTACT: AT THE COMPANY Steven R. Mumma CEO and President Phone: 212-792-0109 Email: email@example.com