NYMT Sure seems odd that this one is down with the div increase, even after allowing for the fact it is ex-dividend today. I just opened a small position in it. Surprised this high yield stuff is not doing better with the ultra low yields out there.
I do own some NYMTN which is a preferred they have. At least that one is up nicely today. Likely investors feel there is less risk with the preferreds since they can hike the divie on the common.
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