Five Oaks Investment Corp. (NYSE:OAKS) declared a special dividend on Friday, November 11th. Shareholders of record on Monday, November 21st will be paid a dividend of 1.3275 per share on Monday, December 26th. This represents a yield of 13.48%. The ex-dividend date is Thursday, November 17th. This is a boost from Five Oaks Investment Corp.’s previous special dividend of $0.13.

Five Oaks Investment Corp. (NYSE:OAKS) opened at 5.94 on Wednesday. The firm’s market capitalization is $86.71 million. The firm has a 50-day moving average price of $5.38 and a 200 day moving average price of $5.57. Five Oaks Investment Corp. has a 12 month low of $3.82 and a 12 month high of $6.96.

Dividend History for Five Oaks Investment Corp. (NYSE:OAKS)

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Five Oaks Investment Corp. by 29.2% in the second quarter. Vanguard Group Inc. now owns 628,511 shares of the company’s stock worth $3,445,000 after buying an additional 142,230 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Five Oaks Investment Corp. by 7.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 82,525 shares of the company’s stock worth $469,000 after buying an additional 5,966 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of Five Oaks Investment Corp. during the third quarter worth approximately $413,000. Mackenzie Financial Corp boosted its stake in shares of Five Oaks Investment Corp. by 28.4% in the third quarter. Mackenzie Financial Corp now owns 39,659 shares of the company’s stock worth $225,000 after buying an additional 8,762 shares during the period. Finally, Morgan Stanley bought a new stake in shares of Five Oaks Investment Corp. during the third quarter worth approximately $208,000. 18.45% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently commented on OAKS. Credit Suisse Group AG reissued a “hold” rating and issued a $6.50 target price on shares of Five Oaks Investment Corp. in a research note on Friday, September 9th. JMP Securities reaffirmed a “buy” rating on shares of Five Oaks Investment Corp. in a research note on Wednesday, August 17th. Finally, Zacks Investment Research cut Five Oaks Investment Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 24th.

About Five Oaks Investment Corp.

Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.

5 Day Chart for NYSE:OAKS

Receive News & Stock Ratings for Five Oaks Investment Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Oaks Investment Corp. and related stocks with our FREE daily email newsletter.