ZAIS Financial (ZFC) Declares $0.40 Quarterly Dividend; 11.3% Yield

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Go back to ZAIS Financial (ZFC) Declares $0.40 Quarterly Dividend; 11.3% Yield

ZAIS Financial Corp. Declares Second Quarter Dividend

June 16, 2016 6:20 PM EDT

RED BANK, N.J., June 16, 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 second quarter ending June 30, 2016.  The dividend is payable on July 15, 2016, to stockholders and OP unit holders of record as of the close of business on June 30, 2016. 

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