ZAIS Financial Corp(NYSE:ZFC) Declares Dividend of $0.4000.

ZAIS Financial Corp (NYSE:ZFC) had declared a cash dividend of $0.4000 on Sep 12, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 12, 2016 share price, the yield comes out to be 11.5942%. The dividend payable date has been fixed on Oct 17, 2016.

ZAIS Financial Corp (ZFC) remained unchanged at the close of Tuesday session. Even as the volume increased to 52,274 ,the shares failed to make any impression and ended at 0 points or 0.00% at $14.47. The trading session commenced at $14.5 and the stock hit a high of $14.504 and touched $14.42 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $16 and the 52-week low is $12.63. The company has a market cap of $128 M and has approximately 88,36,902 outstanding shares.

ZAIS Financial Corp(ZFC) last announced its earnings results on Aug 9, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $12.53M. Analysts had an estimated revenue of $3.91M. Earnings per share were $-0.11.

ZAIS Financial Corp. is a real estate investment trust (REIT) that originates acquires finances sells services and manages residential mortgage loans. The Company operates through two business segments: residential mortgage loan investments and residential mortgage banking. The residential mortgage loan investments segment includes a portfolio of mortgage loans which were distressed re-performing or newly originated. The residential mortgage banking segment relates to the operations of its subsidiary GMFS LLC which originates mortgage loans for subsequent sale as whole loans either servicing retained or released. Its objective is to provide risk-adjusted returns to its stockholders primarily through quarterly distributions and secondarily through capital appreciation. Its target assets include residential mortgage loans; Non-Agency residential mortgage-backed securities; mortgage servicing rights; Agency RMBS and other real estate-related and financial assets.

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