Five Oaks Investment Corp. ( OAKS ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.125 per share is scheduled to be paid on June 27, 2014. Shareholders who purchased OAKS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that OAKS has paid the same dividend. At the current stock price of $12.21, the dividend yield is 12.29%.
The previous trading day's last sale of OAKS was $12.21, representing a -11.2% decrease from the 52 week high of $13.75 and a 32% increase over the 52 week low of $9.25.
OAKS is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). OAKS's current earnings per share, an indicator of a company's profitability, is -$.12. Zacks Investment Research reports OAKS's forecasted earnings growth in 2014 as 515.79%, compared to an industry average of 2.6%.