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NYMTZ - I Just Bought This Fat Yield

  • As the market tumbles, high yielding preferred shares are going on sale.
  • Some of these shares are usually quite stable, so these sales are rare.
  • We’ve shifted from having almost zero bullish ratings in the sector to more than half bullish outlooks.
  • We’re sharing our latest purchase with readers here and we’ll be working on another piece to highlight opportunities to swap between similar shares.

For further details see:

I Just Bought This Fat Yield
Stock Information

Company Name: New York Mortgage Trust Inc. 7.000% Series G Cumulative Redeemable Preferred Stock $0.01 par value per share
Stock Symbol: NYMTZ
Market: NASDAQ
Website: nymtrust.com

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