Five Oaks Investment Corp. (NYSE:OAKS) declared a monthly dividend on Monday, September 18th, Wall Street Journal reports. Stockholders of record on Monday, October 16th will be paid a dividend of 0.05 per share by the real estate investment trust on Monday, October 30th. This represents a $0.60 annualized dividend and a dividend yield of 14.02%. The ex-dividend date of this dividend is Friday, October 13th.

Five Oaks Investment Corp. has decreased its dividend by an average of 18.0% annually over the last three years.

Shares of Five Oaks Investment Corp. (NYSE:OAKS) opened at 4.28 on Tuesday. The company has a market capitalization of $94.75 million, a P/E ratio of 7.28 and a beta of 1.32. Five Oaks Investment Corp. has a 12-month low of $3.80 and a 12-month high of $6.15. The company’s 50 day moving average is $4.33 and its 200 day moving average is $4.93.

COPYRIGHT VIOLATION NOTICE: “Five Oaks Investment Corp. to Issue Monthly Dividend of $0.05 (OAKS)” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another publication, it was stolen and reposted in violation of United States & international copyright laws. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/09/19/five-oaks-investment-corp-to-issue-monthly-dividend-of-0-05-oaks.html.

Five Oaks Investment Corp. Company Profile

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.

Dividend History for Five Oaks Investment Corp. (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.