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home / news releases / NYMT - New York Mortgage Trust - A Juicy 12.8% Yield


NYMT - New York Mortgage Trust - A Juicy 12.8% Yield

Source: NYMT

Introduction

As equity markets continue to churn ahead, we have been looking to take some money off the table while looking for higher yields. Long-term, we expect interest rates to decline or at least stay around current levels. With possible slowing growth, it is still likely to see rate cuts in late 2019 or 2020.

With that in mind, we have been looking to lock in higher yielding, fixed income investments including bonds and possible preferred shares that have a high chance of continuing to pay dividends with strong underlying assets. If a

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Stock Information

Company Name: New York Mortgage Trust Inc.
Stock Symbol: NYMT
Market: NASDAQ
Website: nymtrust.com

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