NYMTN News and Press, New York Mortgage Trust Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock From 04/16/22

We take a look at the action in preferreds and baby bonds through the first full week of April and highlight some of the key themes we are watching. Preferreds had a bad week and remain under pressure from rising Treasury yields. Only the Energy sector is still in the green year-to-da...

There are several options here for high dividend yields and the dividends are set to increase over the coming years as short-term rates increase. We share our most recent pick as it abruptly went on another sale. There's one option we really don't like. Comparing the future cash f...

MBS values were slaughtered. Rates moved too quickly. The mREITs hedge, but hedging isn't perfect. Even with hedges in place, leveraged losses are bad. The yield curve inverted. That's not good, but the shape of the yield curve matters less than most investors think. For...

This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core earning...

We have allocated 5% or more of our total portfolio to each of these shares individually. Since we focus on investing in REITs and some REIT preferred shares, we have a more heavily concentrated portfolio than most investors. Each share offers a yield greater than 6%. For fu...

Our sector has been wild lately. The volatility means more developments we need to cover. I've got some catching up to do. If you like shares with high dividend yields and inefficient markets, you're going to enjoy these opportunities. These yields are pretty good today, but divid...

Many income portfolios are heavily overweight corporate risk whether through equity or credit-linked securities. Consumer-facing risk offers diversification and good value. We like consumer-linked securities in this environment due to low household leverage, strong wage growth and hig...

Most investors fail to look beneath the surface. By failing to look closely, they are literally leaving money on the table. We're looking at a few easy opportunities for investors to swap between similar investments to collect more income and better upside. What's the easiest ...

Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. My buy, sell, or hold recommendation, current BV projection (BV as of 3/18/2022), and updated pr...

One of the mortgage REITs has already announced a monster dividend cut. Don't expect that dividend to recover. Assigning ratings using target price-to-book value ratios continues to work. That's how we determined shares were a strong buy during April 2020. Since then, we hit the s...