By Marc Lichtenfeld Though I haven’t lived in New York in more than 25 years, I still consider myself a New Yorker. It’s where I was born and raised.
I’m a lifelong Yankees fan, and I will argue to my dying breath about the superiority of New York bagels and pizza…
But one thing I don’t love is the dividend safety of New York Mortgage Trust (Nasdaq: NYMT).
The mortgage real estate investment trust (REIT), based on Park Avenue in Manhattan, pays a $0.05 per share quarterly dividend.
It makes money on the difference between how much it pays in interest on the money it borrows and …read more
