Five Oaks Investment's Series A Preferred Stock Shares Cross 9% Yield Mark

In trading on Friday, shares of Five Oaks Investment Corp's 8.75% Series A Cumulative Redeemable Preferred Stock ( OAKS.PRA) were yielding above the 9% mark based on its monthly dividend (annualized to $2.1876), with shares changing hands as low as $24.11 on the day. This compares to an average yield of 7.07% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, OAKS.PRA was trading at a 0.96% discount to its liquidation preference amount, versus the average premium of 2.33% in the "Real Estate" category.

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The chart below shows the one year performance of OAKS.PRA shares, versus OAKS:

Performance Comparison Chart

Below is a dividend history chart for OAKS.PRA, showing historical dividend payments on Five Oaks Investment Corp's 8.75% Series A Cumulative Redeemable Preferred Stock:

OAKS.PRA+Dividend+History+Chart

In Friday trading, Five Oaks Investment Corp's 8.75% Series A Cumulative Redeemable Preferred Stock ( OAKS.PRA) is currently down about 1.7% on the day, while the common shares ( OAKS) are up about 0.7%.

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