NYMTM Dividend Calculator
Calculate how much dividend income New York Mortgage Trust, Inc. (NYMTM) could generate with reinvestment. Pre-loaded with NYMTM's current 10.74% yield and 7.0% dividend growth rate.
Dividend Yield: 10.74%
Annual Dividend: $2.68 per share
Share Price: $24.98
Payout Ratio: 25.0%
NYMTM DRIP Calculator
Model NYMTM dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 7.0% per year
Frequently Asked Questions
- What is NYMTM's current dividend yield?
- NYMTM (New York Mortgage Trust, Inc.) currently has a dividend yield of 10.74%. This means for every $10,000 invested, you would receive approximately $1074 per year in dividend income before taxes.
- How much NYMTM do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from NYMTM at its current yield of 10.74%, you would need approximately $111,732 invested. With dividend reinvestment and growth, you may need less over time.
- Does NYMTM pay monthly dividends?
- No, NYMTM pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is NYMTM's dividend safe?
- NYMTM's payout ratio is 25%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is NYMTM's dividend growth rate?
- NYMTM's 5-year dividend compound annual growth rate (CAGR) is approximately 7.0% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the NYMTM dividend page.