NEW YORK, Jan. 31, 2019 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced an update to the tax treatment of common and preferred stock dividends declared in 2018 to include Section 199A reporting, which are as follows:
Common Stock (CUSIP #649604501)
| Declaration Date |
Record Date |
Payment Date |
2018 Distribution Per Share |
Box 1a | Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
||||||
| 2018 Ordinary Dividend |
2018 Qualified Dividend |
Capital Gain Distribution |
2018 Unrecaptured Section 1250 Gain |
2018 Non Dividend Distributions |
2018 |
||||||||||
| 3/19/2018 | 3/29/2018 | 4/26/2018 | $0.200000 | $0.092854 | – | $0.028569 | $0.002878 | $0.078577 | $0.092854 | ||||||
| 6/18/2018 | 6/28/2018 | 7/26/2018 | $0.200000 | $0.092854 | – | $0.028569 | $0.002878 | $0.078577 | $0.092854 | ||||||
| 9/17/2018 | 9/27/2018 | 10/26/2018 | $0.200000 | $0.092854 | – | $0.028569 | $0.002878 | $0.078577 | $0.092854 | ||||||
| 12/4/2018 | 12/14/2018 | 1/25/2019 | $0.200000 | $0.092854 | – | $0.028569 | $0.002878 | $0.078577 | $0.092854 | ||||||
| Totals | $0.800000 | $0.371416 | – | $0.114276 | $0.011512 | $0.314308 | $0.371416 | ||||||||
7.75% Series B Cumulative Redeemable Preferred Stock (CUSIP #649604709)
| Box 1a | Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
|||||||||
| Declaration Date |
Record Date |
Payment Date |
2018 Distribution Per Share |
2018 Ordinary Dividend |
2018 Qualified Dividend |
2018 Capital Gain Distribution |
2018 Unrecaptured Section 1250 Gain |
2018 Non Dividend Distributions |
2018 |
|||||
| 12/7/2017 | 1/1/2018 | 1/15/2018 | $0.484375 | $0.415185 | – | $0.069190 | $0.006970 | – | $0.415185 | |||||
| 3/19/2018 | 4/1/2018 | 4/15/2018 | $0.484375 | $0.415185 | – | $0.069190 | $0.006970 | – | $0.415185 | |||||
| 6/18/2018 | 7/1/2018 | 7/15/2018 | $0.484375 | $0.415185 | – | $0.069190 | $0.006970 | – | $0.415185 | |||||
| 9/17/2018 | 10/1/2018 | 10/15/2018 | $0.484375 | $0.415185 | – | $0.069190 | $0.006970 | – | $0.415185 | |||||
| Totals | $1.937500 | $1.660740 | – | $0.276760 | $0.027880 | – | $1.660740 | |||||||
7.875% Series C Cumulative Redeemable Preferred Stock (CUSIP #649604808)
| Declaration Date |
Record Date |
Payment Date |
2018 Distribution Per Share |
Box 1a | Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
|||||
| 2018 Ordinary Dividend |
2018 Qualified Dividend |
2018 Capital Gain Distribution |
2018 Unrecaptured Section 1250 Gain |
2018 Non Dividend Distributions |
2018 |
|||||||||
| 12/7/2017 | 1/1/2018 | 1/15/2018 | $0.4921875 | $0.4218820 | – | $0.0703060 | $0.0070820 | – | $0.4218820 | |||||
| 3/19/2018 | 4/1/2018 | 4/15/2018 | $0.4921875 | $0.4218820 | – | $0.0703060 | $0.0070820 | – | $0.4218820 | |||||
| 6/18/2018 | 7/1/2018 | 7/15/2018 | $0.4921875 | $0.4218820 | – | $0.0703060 | $0.0070820 | – | $0.4218820 | |||||
| 9/17/2018 | 10/1/2018 | 10/15/2018 | $0.4921875 | $0.4218820 | – | $0.0703040 | $0.0070820 | – | $0.4218820 | |||||
| Totals | $1.9687500 | $1.6875280 | – | $0.2812220 | $0.0283280 | – | $1.6875280 | |||||||
8.0% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (CUSIP #649604881)
| Declaration Date |
Record Date |
Payment Date |
2018 Distribution Per Share |
Box 1a | Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
|||||
| 2018 Ordinary Dividend |
2018 Qualified Dividend |
2018 Capital Gain Distribution |
2018 Unrecaptured Section 1250 Gain |
2018 Non Dividend Distributions |
2018 |
|||||||||
| 12/7/2017 | 1/1/2018 | 1/15/2018 | $0.511111 | $0.438102 | – | $0.073009 | $0.007355 | – | $0.438102 | |||||
| 3/19/2018 | 4/1/2018 | 4/15/2018 | $0.500000 | $0.428578 | – | $0.071422 | $0.007195 | – | $0.428578 | |||||
| 6/18/2018 | 7/1/2018 | 7/15/2018 | $0.500000 | $0.428578 | – | $0.071422 | $0.007195 | – | $0.428578 | |||||
| 9/17/2018 | 10/1/2018 | 10/15/2018 | $0.500000 | $0.428578 | – | $0.071422 | $0.007195 | – | $0.428578 | |||||
| Totals | $2.011111 | $1.723836 | – | $0.287275 | $0.028940 | – | $1.723836 | |||||||
(1) Section 199A Dividends are reported in Box 5 of Form 1099-DIV. Section 199A Dividends are a subset of, and included in, Ordinary Dividends, which are reported in Box 1a of Form 1099-DIV.
Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividend distributions and the information contained herein.
About New York Mortgage Trust
New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust for federal income tax purposes (“REIT”). NYMT is an internally managed REIT in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets and targets multi-family CMBS, direct financing to owners of multi-family properties through preferred equity and mezzanine loan investments, residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-Agency RMBS, Agency RMBS and other mortgage-related and residential housing-related investments.
| CONTACT: | AT THE COMPANY | |||
| Kristine R. Nario-Eng | ||||
| Chief Financial Officer | ||||
| Phone: (646) 216-2363 | ||||
| Email: knario@nymtrust.com | ||||