Five Oaks Investment Corp (NYSE:OAKS) declared a monthly dividend on Monday, January 8th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be given a dividend of 0.0333 per share by the real estate investment trust on Tuesday, February 27th. This represents a $0.40 annualized dividend and a yield of 11.35%. The ex-dividend date of this dividend is Wednesday, February 14th.

Five Oaks Investment has decreased its dividend payment by an average of 26.3% annually over the last three years. Five Oaks Investment has a dividend payout ratio of 122.4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Five Oaks Investment to earn $0.47 per share next year, which means the company may not be able to cover its $0.60 annual dividend with an expected future payout ratio of 127.7%.

Five Oaks Investment (OAKS) traded down $0.43 during midday trading on Monday, reaching $3.52. 1,221,072 shares of the company traded hands, compared to its average volume of 154,493. The stock has a market capitalization of $77.93, a PE ratio of 8.80 and a beta of 1.48. Five Oaks Investment has a 52-week low of $3.50 and a 52-week high of $5.61. The company has a quick ratio of 216.96, a current ratio of 216.96 and a debt-to-equity ratio of 21.93.

Five Oaks Investment (NYSE:OAKS) last posted its quarterly earnings results on Monday, November 6th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). Five Oaks Investment had a return on equity of 10.57% and a net margin of 7.08%. The firm had revenue of $4.75 million for the quarter. equities research analysts predict that Five Oaks Investment will post 0.49 earnings per share for the current year.

A number of research analysts have issued reports on the stock. Ladenburg Thalmann Financial Services assumed coverage on shares of Five Oaks Investment in a report on Tuesday, October 10th. They issued a “neutral” rating for the company. Zacks Investment Research cut shares of Five Oaks Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 14th.

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Five Oaks Investment 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 (NYSE:OAKS)

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