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Lowtrade

The Preferred stocks on Reits like Cim and NYMT I don't have a understanding of how these are purchased, so I thought I would ask for some education, any thoughts? Thanks

NYMT Redeemable Preferred Stock ("Series B Preferred Stock") of the Company, the Board of Directors declared a Series B Preferred Stock dividend.

Reply from NYMT

Thank you for your interest in New York Mortgage Trust Inc.’s Preferred Stock.

I believe there are no minimum shares required to purchase our Preferred Series B Stock.