Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Thursday, February 1, 5:47 AM

Slide #241. Five Oaks Investment Corp. Preferred Stock Offering

Company: Five Oaks Investment Corp. (NYSE:OAKS)
Date announced: 5/21/2014
Security type: 8.75% Series A Cumulative Redeemable Preferred Stock (NYSE:OAKS.PRA)
Shares Offered: 600,000
Date of Pricing: 5/21/2014
Price Per Share: $25
Preferred Stock Offering Details: Five Oaks Investment Corp. (NYSE: OAKS) (the "Company") today announced that the Company has commenced an underwritten public offering of additional shares of its 8.75% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share) (the "Series A Preferred Stock"). The offering is a re-opening of the Company's original issuance of Series A Preferred Stock, which occurred in December 2013 and the subsequent overallotment option exercise in January 2014. In addition, the Company will grant the underwriters a 30-day option to purchase up to an additional 15% of the Series A Preferred Stock. The Series A Preferred Stock is listed on the NYSE under the symbol "OAKS-PrA." The Company has applied to list the additional shares under the same symbol. - updated 5/22 - Five Oaks Investment Corp. (NYSE: OAKS) (the "Company") today announced that it has priced an underwritten public offering of 600,000 additional shares of its 8.75% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share) (the "Series A Preferred Stock") for estimated net proceeds of $14,000,000. The offering is a re-opening of the Company's original issuance of Series A Preferred Stock, which occurred in December 2013 and the subsequent overallotment option exercise in January 2014. The offering is subject to customary closing conditions and is expected to close on May 27, 2014.

Five Oaks Investment is a real estate investment trust. Co. is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), multi-family mortgage backed securities (Multi-Family MBS), mortgage servicing rights and other mortgage-related investments. Co. invests in the following assets: Agency RMBS, which are residential mortgage-backed securities, for which a U.S. Government agency or a federally chartered corporation guarantees payments of principal and interest on the securities; Multi-Family MBS; Non-Agency RMBS, which are RMBS that are not issued or guaranteed by a U.S. Government-sponsored entity; and other mortgage-related investments.

Preferred: OAKS.PRA


Open the OAKS Page at Ru Back Packer »
Open the OAKS.PRA Page at Ru Back Packer for More Information About this Preferred »

Name: Five Oaks Investment Corp
Website: fiveoaksinvestment.com
Sector: REITs
Number of ETFs Holding OAKS: 3 (see which ones)
Total Market Value Held by ETFs: $329,540
Total Market Capitalization: $75,000,000
% of Market Cap. Held by ETFs: 0.44%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 241 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved