RED BANK, N.J., May 28, 2014 /PRNewswire/ -- ZAIS Financial Corp. (the "Company") (NYSE: ZFC) today announced that it has adopted a Dividend Reinvestment Plan (the "Plan"). The Plan became effective with the Company's filing of its Form S-3 registration statement with the Securities and Exchange Commission ("SEC") on May 28, 2014.
Under the Plan, eligible holders of the Company's common stock may elect to have cash dividends paid on their shares of common stock reinvested into additional shares of common stock of the Company. If investors participate in the Plan through their brokers, they should consult with their brokers; their brokers may charge a service fee for participating on their behalf.
A complete description of the Plan is included in the Company's Form S-3 registration statement filed with the SEC on May 28, 2014. The Plan will be administered through Broadridge Corporate Issuer Solutions, Inc. (the "Plan Administrator"). Shares of the Company's common stock will be purchased through the Plan Administrator directly from the Company in the form of newly issued shares and/or through open market or privately negotiated purchases facilitated by the Plan Administrator, as described in the Plan. Stockholders and other persons may obtain a copy of the Plan prospectus, enrollment and optional investment forms by contacting the Plan Administrator toll free within the United States at 866−202−3034, or for international toll-free calls 720−358−3637, 24 hours a day, seven days a week. Customer service representatives are available Monday through Friday, between the hours of 9:00 A.M. and 6:00 P.M. Eastern time (except holidays).
Participation in the Plan is optional. Enrollment information will be available to registered shareholders in the coming days. Beneficial owners should contact their financial intermediary to obtain additional information about the Plan or to arrange enrollment. They may also obtain a prospectus by calling the Plan Administrator. An owner considering enrollment in the Plan should read carefully the prospectus before deciding to participate.