New York Mortgage Trust Inc (NYMT) Stock Split History

New York Mortgage Trust Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 09, 2007 with the ratio of 1-for-5, meaning that for 5 shares of NYMT owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on March 09, 2023 on a 1-for-4 basis.

These splits have increased NYMT stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on New York Mortgage Trust Inc's total market capitalization.

For more detailed information of New York Mortgage Trust Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. New York Mortgage Trust Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when NYMT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by New York Mortgage Trust Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.