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NYMTM / NYMTM: Price Loss In 2022 Makes This 7.875% Preferred Series Attractive

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. Read More
Posted: Sep 3 2022, 12:18
Author Name: Seeking Alpha
Views: 110296

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NYMTM: Price Loss In 2022 Makes This 7.875% Preferred Series Attractive

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


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