Adamas Trust, Inc.
Adamas Trust, Inc. (NASDAQ: ADAM) is trading at $7.65, about ₹741 at today's USD/INR rate, as of 9 Oct 2026, 4:00 PM ET. Indian residents can buy Adamas Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$7.53
Today's high
$7.67
52 week low
$6.45
52 week high
$10.36
ADAM opened at $7.66, closed previously at $7.65, and has traded between $6.45 and $10.36 over the past 52 weeks.
About
Adamas Trust, Inc. is a U.S.-based entity primarily focused on the acquisition, investment, financing, and management of assets connected to single-family and multi-family residential mortgages. Its diverse portfolio includes targeted residential loans (which cover business purpose loans), agency and non-agency residential mortgage-backed securities (RMBS), structured multi-family property investments like preferred equity and mezzanine loans to property owners, and other assets related to mortgages, housing, and credit, along with strategic investments and commercial mortgage-backed securities (CMBS). Furthermore, the company extends its operations to owning and managing single-family rental properties. Qualifying as a Real Estate Investment Trust (REIT) for federal income tax purposes, Adamas Trust avoids federal corporate income taxes, provided it distributes a minimum of 90% of its taxable earnings to its stockholders. Established in 2003, the company's headquarters are located in New York, New York. It was formerly known as New York Mortgage Trust, Inc. until it officially changed its name to Adamas Trust, Inc. in September 2025.
Key statistics
Avg. volume
971.64K
Market cap
$687.44M
P/E Ratio
4.47
Price-to-sales ratio
0.72
Enterprise value
$11.45B
Free cash flow yield
19.07%
Debt-to-equity ratio
7.70
Return on equity
10.45%
ROIC
1.09%
Beta
1.30
Dividend yield
13.46%
Last dividend
$0.96
Financial overview
Revenue
$805.53M
Earnings per share
$1.12
Free cash flow
$125.89M
Net profit margin
21.13%
Gross margin
57.32%
EBITDA
$177.51M
Revenue growth
44.12%
Similar securities
This is not an investment recommendation
How to buy Adamas Trust from India
Indian residents can buy Adamas Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers. Read the full guide: how to invest in Adamas Trust from India
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Adamas Trust and place an order
Find Adamas Trust by name or by its ticker, ADAM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Adamas Trust trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Adamas Trust position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Adamas Trust from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Adamas Trust’s current yield is 13.46%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
Can Indian residents buy Adamas Trust stock?
Yes. Adamas Trust (ADAM) has been listed on NASDAQ since 2025, in the REIT - Mortgage industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Adamas Trust share cost in rupees?
One Adamas Trust share is $7.65 — about ₹741 at a USD/INR rate of 96.88 on 8 Oct 2026. Both the Adamas Trust price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Adamas Trust from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Adamas Trust?
Yes. One Adamas Trust share is $7.65, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Adamas Trust.
How are gains on Adamas Trust shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Adamas Trust price. Paasa issues a capital-gains statement for your return.
Does Adamas Trust pay a dividend, and how is it taxed in India?
Yes. Adamas Trust pays a dividend and the current yield is 13.46%; the last declared dividend was $0.96 per share, about ₹93.00. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Adamas Trust from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Adamas Trust shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Adamas Trust shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Adamas Trust holding, its cost and its closing value.
How do I sell Adamas Trust and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.