Today’s Dividend Action: Can Five Oaks Investment Corp. (NYSE:OAKS) truly back claims of $0.06 dividends by Nov 29, 2016?

Today's Dividend Action: Can Five Oaks Investment Corp. (NYSE:OAKS) truly back claims of $0.06 dividends by Nov 29, 2016?

Five Oaks Investment Corp. (NYSE:OAKS) is expected to pay $0.06 on Nov 29, 2016. The indicated annual dividend is $0.72. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Five Oaks Investment Corp.’s current price of $5.18, the dividend is 1.16%. This dividend’s record date is Nov 15, 2016 and the announcement date is Sep 19, 2016. The stock increased 0.39% or $0.02 during the last trading session, hitting $5.18. About 200 shares traded hands. Five Oaks Investment Corp (NYSE:OAKS) has declined 8.32% since April 7, 2016 and is downtrending. It has underperformed by 13.10% the S&P500.

Five Oaks Investment Corp. is a real estate investment trust. The company has a market cap of $76.21 million. The Firm is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities . It currently has negative earnings. The Firm 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.

Insitutional Activity: The institutional sentiment increased to 1.17 in Q2 2016. Its up 0.02, from 1.15 in 2016Q1. The ratio increased, as 4 funds sold all Five Oaks Investment Corp shares owned while 8 reduced positions. 5 funds bought stakes while 9 increased positions. They now own 2.55 million shares or 7.86% less from 2.77 million shares in 2016Q1.
Invesco accumulated 0% or 30,723 shares. Gru One Trading Limited Partnership holds 0% of its portfolio in Five Oaks Investment Corp (NYSE:OAKS) for 1,219 shares. The Florida-based Deprince Race & Zollo Inc has invested 0% in Five Oaks Investment Corp (NYSE:OAKS). Geode Capital Mgmt Ltd Liability Company holds 66,937 shares or 0% of its portfolio. California Pub Employees Retirement System has 0% invested in the company for 21,700 shares. Tower Rech Limited Liability Corp (Trc) reported 3,534 shares or 0% of all its holdings. Barclays Public Limited Com holds 76 shares or 0% of its portfolio. Mackenzie Finance holds 0% of its portfolio in Five Oaks Investment Corp (NYSE:OAKS) for 30,897 shares. Blackrock Fund Advsrs holds 33,953 shares or 0% of its portfolio. Wolverine Asset Management Limited Liability Company accumulated 70,564 shares or 0.01% of the stock. Whitebox Advisors Ltd Liability Com reported 11,900 shares or 0% of all its holdings. The Washington-based Parametric Portfolio Assocs has invested 0% in Five Oaks Investment Corp (NYSE:OAKS). Blackrock Institutional Tru Company Na last reported 76,559 shares in the company. Alpine Woods Cap Investors Ltd accumulated 0% or 15,000 shares. Comml Bank Of New York Mellon Corp reported 22,461 shares or 0% of all its holdings.

Five Oaks Investment Corp (NYSE:OAKS) Ratings Coverage

Out of 2 analysts covering Five Oaks Investment Corp (NYSE:OAKS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Five Oaks Investment Corp has been the topic of 3 analyst reports since August 12, 2015 according to StockzIntelligence Inc.

More notable recent Five Oaks Investment Corp (NYSE:OAKS) news were published by: Nasdaq.com which released: “Five Oaks Investment Series A Cumulative Redeemable Preferred Stock Ex …” on November 08, 2016, also Prnewswire.com with their article: “Five Oaks Investment Corp. Announcements” published on December 16, 2015, Thestreet.com published: “Why Five Oaks Investment Corp (OAKS) Stock Is Down Today” on June 19, 2014. More interesting news about Five Oaks Investment Corp (NYSE:OAKS) were released by: Prnewswire.com and their article: “Five Oaks Investment Corp. Announces Second Quarter 2016 Common Stock Dividend …” published on March 16, 2016 as well as Nasdaq.com‘s news article titled: “Five Oaks Investment Corp. (OAKS) Ex-Dividend Date Scheduled for October 13, 2016” with publication date: October 12, 2016.

OAKS Company Profile

Five Oaks Investment Corp., incorporated on March 28, 2012, is a real estate investment trust. The Firm 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 Firm 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.

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