New York Mortgage Trust Announces Tax Treatment of 2018 Dividend Distributions
January 30 2019 - 4:01PM
New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the
“Company”) today announced the following tax treatment of common
and preferred stock dividends declared in 2018. This information is
provided to assist stockholders with tax reporting requirements
related to dividend distributions of taxable income by the
Company.
Stockholders should review the 2018 tax
statements received from their brokerage firms or other
institutions to ensure that the statements agree with the
information provided below. Also, as each stockholder's tax
situation may be different, stockholders are encouraged to consult
with their own professional tax advisor with respect to their
specific tax treatment of the Company's dividend distributions.
The Company's dividend distributions per share
of common stock (CUSIP #649604501) are to be classified for income
tax purposes as follows:
DeclarationDate |
RecordDate |
PaymentDate |
2018 Distribution
Per Share |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018CapitalGainDistribution |
2018UnrecapturedSection 1250Gain |
2018
NonDividendDistributions |
3/19/2018 |
3/29/2018 |
4/26/2018 |
$0.200000 |
$0.092854 |
- |
$0.028569 |
$0.002878 |
$0.078577 |
6/18/2018 |
6/28/2018 |
7/26/2018 |
$0.200000 |
$0.092854 |
- |
$0.028569 |
$0.002878 |
$0.078577 |
9/17/2018 |
9/27/2018 |
10/26/2018 |
$0.200000 |
$0.092854 |
- |
$0.028569 |
$0.002878 |
$0.078577 |
12/4/2018 |
12/14/2018 |
1/25/2019 |
$0.200000 |
$0.092854 |
- |
$0.028569 |
$0.002878 |
$0.078577 |
Totals |
$0.800000 |
$0.371416 |
- |
$0.114276 |
$0.011512 |
$0.314308 |
|
|
|
|
|
|
|
The Company's dividend distributions per share
of 7.75% Series B Cumulative Redeemable Preferred Stock (CUSIP
#649604709) are to be classified for income tax purposes as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
DeclarationDate |
RecordDate |
PaymentDate |
2018 DistributionPer Share |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018CapitalGainDistribution |
2018UnrecapturedSection 1250Gain |
2018
NonDividendDistributions |
12/7/2017 |
1/1/2018 |
1/15/2018 |
$0.484375 |
$0.415185 |
- |
$0.069190 |
$0.006970 |
- |
3/19/2018 |
4/1/2018 |
4/15/2018 |
$0.484375 |
$0.415185 |
- |
$0.069190 |
$0.006970 |
- |
6/18/2018 |
7/1/2018 |
7/15/2018 |
$0.484375 |
$0.415185 |
- |
$0.069190 |
$0.006970 |
- |
9/17/2018 |
10/1/2018 |
10/15/2018 |
$0.484375 |
$0.415185 |
- |
$0.069190 |
$0.006970 |
- |
Totals |
$1.937500 |
$1.660740 |
- |
$0.276760 |
$0.027880 |
- |
|
|
|
|
|
|
|
The Company's dividend distributions per share
of 7.875% Series C Cumulative Redeemable Preferred Stock (CUSIP
#649604808) are to be classified for income tax purposes as
follows:
|
|
|
|
|
|
|
|
|
DeclarationDate |
RecordDate |
PaymentDate |
2018 Distribution
Per Share |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018CapitalGainDistribution |
2018UnrecapturedSection 1250Gain |
2018
NonDividendDistributions |
12/7/2017 |
1/1/2018 |
1/15/2018 |
$0.4921875 |
$0.4218820 |
- |
$0.0703060 |
$0.0070820 |
- |
3/19/2018 |
4/1/2018 |
4/15/2018 |
$0.4921875 |
$0.4218820 |
- |
$0.0703060 |
$0.0070820 |
- |
6/18/2018 |
7/1/2018 |
7/15/2018 |
$0.4921875 |
$0.4218820 |
- |
$0.0703060 |
$0.0070820 |
- |
9/17/2018 |
10/1/2018 |
10/15/2018 |
$0.4921875 |
$0.4218820 |
- |
$0.0703040 |
$0.0070820 |
- |
Totals |
$1.9687500 |
$1.6875280 |
- |
$0.2812220 |
$0.0283280 |
- |
|
|
|
|
|
|
|
The Company's dividend distributions per share
of 8.0% Series D Fixed-to-Floating Rate Cumulative Redeemable
Preferred Stock (CUSIP #649604881) are to be classified for income
tax purposes as follows:
|
|
|
|
|
|
|
|
|
DeclarationDate |
RecordDate |
PaymentDate |
2018 Distribution
Per Share |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018Capital
GainDistribution |
2018UnrecapturedSection 1250Gain |
2018
NonDividendDistributions |
12/7/2017 |
1/1/2018 |
1/15/2018 |
$0.511111 |
$0.438102 |
- |
$0.073009 |
$0.007355 |
- |
3/19/2018 |
4/1/2018 |
4/15/2018 |
$0.500000 |
$0.428578 |
- |
$0.071422 |
$0.007195 |
- |
6/18/2018 |
7/1/2018 |
7/15/2018 |
$0.500000 |
$0.428578 |
- |
$0.071422 |
$0.007195 |
- |
9/17/2018 |
10/1/2018 |
10/15/2018 |
$0.500000 |
$0.428578 |
- |
$0.071422 |
$0.007195 |
- |
Totals |
$2.011111 |
$1.723836 |
- |
$0.287275 |
$0.028940 |
- |
|
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|
|
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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 COMPANYKristine R. Nario-EngChief
Financial OfficerPhone: (646) 216-2363Email:
knario@nymtrust.com
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