- PR Newswire•8 days agoProxy Advisory Firms, Institutional Shareholder Services and Glass Lewis, Recommend ZAIS Financial Corp. Stockholders Vote in Favor of the Company's Proposed Merger with Sutherland Asset Management Corporation
RED BANK, N.J., Sept. 19, 2016 /PRNewswire/ -- ZAIS Financial Corp. (ZFC) ("ZAIS Financial" or the "Company") today announced that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis ("GL"), following their detailed review of the transaction, each recommend that ZFC stockholders vote FOR the issuance of shares in connection with ZFC's merger with Sutherland Asset Management.
- PR Newswire•15 days agoZAIS Financial Corp. And Sutherland Asset Management Corp. Announce Final Exchange Ratio For Their Merger
RED BANK, N.J., Sept. 12, 2016 /PRNewswire/ -- ZAIS Financial Corp. (NYSE: ZFC) ("ZFC" or the "Company") and Sutherland Asset Management Corporation, a privately held commercial mortgage ...
- PR Newswire•15 days ago
The Company's current policy is to pay dividends which will allow it to satisfy the distribution requirements relating to taxable income in order to qualify as a REIT and generally not be subject to U.S. federal income tax on its undistributed income. Taxable and GAAP income will typically differ due to differences in premium amortization and discount accretion, certain non-taxable unrealized and realized gains and losses, and non-deductible general and administrative expenses. In connection with its proposed merger with Sutherland Asset Management Corporation ("SAM"), the Company has filed a registration statement on Form S-4 (File No. 333-211251) with the Securities and Exchange Commission (the "SEC") that includes a definitive joint proxy statement/prospectus, which has been mailed or otherwise disseminated to shareholders of the Company and SAM, and will file other relevant documents concerning the merger.
ZAIS Financial Corp. (ZFC)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||14.48 x 9600|
|Ask||15.49 x 2000|
|Day's Range||14.48 - 14.58|
|52wk Range||12.63 - 16.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-8.06|
|Avg Vol (3m)||27,168|
|Dividend & Yield||1.60 (11.00%)|