ZAIS Financial (ZFC) Declares $0.40 Quarterly Dividend; 11.6% Yield

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Go back to ZAIS Financial (ZFC) Declares $0.40 Quarterly Dividend; 11.6% Yield

ZAIS Financial Corp. Declares Third Quarter Dividend

September 12, 2016 6:01 AM EDT

RED BANK, N.J., Sept. 12, 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 third quarter ending September 30, 2016.  The dividend is payable on October 17, 2016, to stockholders and OP unit holders of record as of the close of business on September 30, 2016. 

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