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NYMTM / NYMTM: Price Loss In 2022 Makes This 7.875% Preferred Series Attractive
NYMTM, a fixed-to-floating rate cumulative preferred share, generates strong and steady dividends, sometimes higher than fixed rate preferred shares. NYMTM has call protection until 15th January 2025, before which the issuer (NYMT) will not be able to buy back the preferred shares.
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Posted: Sep 3 2022, 12:18
Author Name: Seeking Alpha
Views: 110296
NYMTM News
By Seeking Alpha
September 3, 2022
NYMTM: Price Loss In 2022 Makes This 7.875% Preferred Series Attractive
NYMTM, a fixed-to-floating rate cumulative preferred share, generates strong and steady dividends, sometimes higher than fixed rate preferred shares. more_horizontal