People should be aware of allowable funds to pay dividends. This company has plenty of such funds. Management knows that cutting dividend will eviscerate its stock price, and, in my opinion, management will not do so. Look at the MMs who own this stock most likely because of the dividend. Yes retail holders who panic may unload their shares, but I cant' wait to compare those MMs of record as of 12/31/15 to those who are listed as of 3/31/16. Time will tell how the MMs envision NYMT.