NEW YORK, Jan. 27, 2015 (GLOBE NEWSWIRE) -- 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 2014. 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 2014 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:
| Box 1a | Box 1b | Box 2a | Box 3 | ||||
|
Declaration Date |
Record Date |
Payment Date |
2014 Distribution Per Share |
2014 Ordinary Dividend |
2014 Qualified Dividend |
2014 Capital Gain Distribution |
2014 Non Dividend Distributions |
| 3/13/2014 | 3/24/2014 | 4/25/2014 | $0.270000 | $0.118023 | $0.020185 | $0.088428 | $0.063549 |
| 6/18/2014 | 6/30/2014 | 7/25/2014 | $0.270000 | $0.130965 | $0.020185 | $0.088428 | $0.050607 |
| 9/18/2014 | 9/29/2014 | 10/27/2014 | $0.270000 | $0.181572 | $0.020185 | $0.088428 | -- |
| 12/12/2014 | 12/22/2014 | 1/26/2015 | $0.270000 | $0.181572 | $0.020185 | $0.088428 | -- |
| Totals | $1.080000 | $0.612132 | $0.080740 | $0.353712 | $0.114156 | ||
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 3 | ||||
|
Declaration Date |
Record Date |
Payment Date |
2014 Distribution Per Share |
2014 Ordinary Dividend |
2014 Qualified Dividend |
2014 Capital Gain Distribution |
2014 Non Dividend Distributions |
| 3/13/2014 | 4/1/2014 | 4/15/2014 | $0.484375 | $0.325737 | $0.036212 | $0.158638 | -- |
| 6/18/2014 | 7/1/2014 | 7/15/2014 | $0.484375 | $0.325737 | $0.036212 | $0.158638 | -- |
| 9/18/2014 | 10/1/2014 | 10/15/2014 | $0.484375 | $0.325737 | $0.036212 | $0.158638 | -- |
| 12/12/2014 | 1/1/2015 | 1/15/2015 | $0.484375 | $0.325737 | $0.036212 | $0.158638 | -- |
| Totals | $1.937500 | $1.302948 | $0.144848 | $0.634552 | -- | ||
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 ("REIT"). NYMT is an internally managed real estate investment trust, or REIT, which invests in mortgage-related and financial assets and targets multi-family CMBS, direct financing to owners of multi-family properties through mezzanine loans and preferred equity investments, residential mortgage loans, including loans sourced from distressed markets, Agency RMBS consisting of fixed-rate, adjustable-rate and hybrid adjustable-rate RMBS and Agency IOs consisting of interest only and inverse interest-only RMBS that represent the right to the interest component of the cash flow from a pool of mortgage loans. RiverBanc, LLC, The Midway Group, L.P. and Headlands Asset Management, LLC provide investment management services to the Company with respect to certain of its targeted asset classes.