Five Oaks Investment Corp. (OAKS) to Issue Monthly Dividend of $0.05 on October 30th

Five Oaks Investment Corp. (NYSE:OAKS) declared a monthly dividend on Monday, September 18th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 13.10%. The ex-dividend date is Friday, October 13th.

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

Five Oaks Investment Corp. (OAKS) opened at 4.58 on Friday. The company has a market cap of $101.40 million, a PE ratio of 7.79 and a beta of 1.34. Five Oaks Investment Corp. has a 12 month low of $3.80 and a 12 month high of $6.15. The company has a 50 day moving average price of $4.26 and a 200-day moving average price of $4.88.

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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.

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

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