Five Oaks Investment Corp (NYSE:OAKS) had declared a cash dividend of $0.0600 on Jun 15, 2016. The shares will quote ex-dividend on Jul 13, 2016 and the record date has been fixed for Jul 15, 2016. On Jun 15, 2016 share price, the yield comes out to be 13.5084%. The dividend payable date has been fixed on Jul 28, 2016.
Five Oaks Investment Corp (OAKS) made into the market gainers list on Tuesdays trading session with the shares advancing 0.55% or 0.03 points. Due to strong positive momentum, the stock ended at $5.44, which is also near the day’s high of $5.44. The stock began the session at $5.44 and the volume stood at 30,443 shares. The 52-week high of the shares is $9.4 and the 52 week low is $3.821. The company has a current market capitalization of $79 M and it has 1,45,97,894 shares in outstanding.
Five Oaks Investment Corp(OAKS) last announced its earnings results on May 10, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $5.76M. Analysts had an estimated revenue of $7.98M. Earnings per share were $0.24. Analysts had estimated an EPS of $0.25.
Several Insider Transactions has been reported to the SEC. On Sep 11, 2015, Neil A. Cummins (director) purchased 2,969 shares at $6.61 per share price.Also, On Aug 20, 2015, Walter C Keenan (director) purchased 5,000 shares at $6.83 per share price.On Aug 20, 2015, William A Houlihan (director) purchased 15,000 shares at $6.67 per share price, according to the Form-4 filing with the securities and exchange commission.
Five Oaks Investment Corp. is focused on investing in financing and managing a leveraged portfolio of mortgage-backed securities (MBS) including non-Agency and Agency residential mortgage-backed securities (RMBS) Multi-Family MBS residential mortgage loans mortgage servicing rights and other mortgage-related investments (collectively referred as the Company’s target assets). As of December 31 2014 the Company’s portfolio consisted of 85.5% Agency RMBS and 14.5% Non-Agency RMBS. As of December 31 2014 the Company owned $783.9 million of MBS on a non-GAAP basis (including Non-Agency RMBS underlying Linked Transaction Multi-Family MBS underlying Linked Transactions and its net investment in Multi-Family MBS and residential mortgage loan trusts). The Company is managed and advised by Oak Circle Capital Partners LLC.