Five Oaks Investment 8.75% Fixed to Floating Cumulative Redeemable Preferred Stock

By: ,

 

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   OAKS-A

Market Traded ON   NYSE

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Dividend Payment Paid on the 27th of each month beginning on 01/27/2014

Monthly Dividend   .1823   Annual Dividend   2.1875

Securities may be redeemed, at the issuers option, as early as 12/23/2018 for a redemption price of $25/share plus accrued dividends

After 12/27/2018 dividend rate will change to 3 month libor plus 7.151%

Dividend Payment Will NOT be a Qualified Distribution-issurer is a REIT and thus not eligible for preferential tax rates.

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Maturity Date   None

 

Company Investor Relations Page for Five Oaks Investment

Below you can find the offering Prospectus and Final Pricing Document

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