ZAIS Financial (ZFC) Declares $0.40 Quarterly Dividend; 10.5% Yield

Go back to ZAIS Financial (ZFC) Declares $0.40 Quarterly Dividend; 10.5% Yield

ZAIS Financial Corp. Declares First Quarter Dividend

March 17, 2016 6:05 PM EDT

RED BANK, N.J., March 17, 2016 /PRNewswire/ -- ZAIS Financial Corp. (NYSE: ZFC) ("ZAIS Financial" or the "Company") today announced that its Board of Directors declared a cash dividend of $0.40 per share of the Company's common stock and operating partnership unit ("OP unit") for the first quarter ending March 31, 2016. The dividend is payable on April 15, 2016, to stockholders and OP unit holders of record as of the close of business on March 31, 2016. 

The Company's current policy is to pay dividends which will allow it to satisfy the distribution requirements... More