New York Mortgage Trust Announces Update to Tax Treatment of 2018 Dividend Distributions
January 31 2019 - 4:29PM
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)
DeclarationDate |
RecordDate |
PaymentDate |
2018 Distribution
Per Share |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
2018
OrdinaryDividend |
2018QualifiedDividend |
Capital Gain Distribution |
2018 Unrecaptured Section 1250
Gain |
2018
NonDividend Distributions |
2018199A Dividends1 |
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 |
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7.75% Series B Cumulative Redeemable
Preferred Stock (CUSIP #649604709)
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Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
Declaration Date |
Record Date |
Payment Date |
2018 Distribution Per Share |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018Capital Gain
Distribution |
2018 Unrecaptured Section 1250
Gain |
2018 NonDividend
Distributions |
2018199A Dividends 1 |
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 |
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7.875% Series C Cumulative Redeemable
Preferred Stock (CUSIP #649604808)
DeclarationDate |
RecordDate |
PaymentDate |
2018 Distribution
Per Share |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018Capital Gain
Distribution |
2018 Unrecaptured Section 1250
Gain |
2018 NonDividend
Distributions |
2018199A Dividends 1 |
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 |
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8.0% Series D Fixed-to-Floating Rate Cumulative
Redeemable Preferred Stock (CUSIP #649604881)
DeclarationDate |
RecordDate |
PaymentDate |
2018 Distribution
Per Share |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
2018
OrdinaryDividend |
2018QualifiedDividend |
2018Capital Gain
Distribution |
2018 Unrecaptured Section 1250
Gain |
2018 NonDividend
Distributions |
2018199A Dividends 1 |
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: |
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AT THE COMPANY |
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Kristine R.
Nario-Eng |
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Chief Financial
Officer |
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Phone: (646)
216-2363 |
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Email:
knario@nymtrust.com |
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