CompanyNewsInvestorsContact
OPTIMIZING
SHAREHOLDER VALUE
Investors

Special Dividend History

Granite Point Distribution - 2017

On September 14, 2017, Two Harbors’ Board of Directors declared a special dividend to distribute the shares of common stock of Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“Granite Point”) acquired by the company in connection with the contribution of its commercial real estate portfolio to Granite Point.

The Granite Point Shares will be distributed, on a pro rata basis, to Two Harbors’ common stockholders of record at the close of business on October 20, 2017 (the “Record Date”). Following the Record Date, the company will work with Wells Fargo Bank, N.A., its transfer agent, to calculate the distribution ratio for the Stock Dividend and will issue a subsequent press release to report the final distribution ratio. Based on the current number of common shares issued and outstanding, the company currently estimates that Two Harbors’ common stockholders will receive approximately 0.095 shares of Granite Point common stock for each share of Two Harbors’ common stock that they own on the Record Date. The distribution of the Stock Dividend is expected to occur on November 1, 2017 (the “Distribution Date”). Stockholders are not required to take any action in order to receive their pro rata portion of the Granite Point Shares.

Fractional shares of Granite Point common stock will not be distributed as part of the Stock Dividend. Instead, as soon as practicable after the distribution date for the Stock Dividend, the distribution agent will aggregate all fractional shares of Granite Point common stock into whole shares, sell those shares in the open market at prevailing market prices and distribute the aggregate net cash proceeds of those sales pro rata to each holder who otherwise would have been entitled to receive a fractional share as a result of the Stock Dividend.

Silver Bay Distribution - 2013

On March 18, 2013, Two Harbors’ Board of Directors declared a special dividend (the “Stock Dividend”) pursuant to which the company distributed, on a pro rata basis, 17,824,647 shares of common stock of Silver Bay Realty Trust Corp. (NYSE: SBY) (“Silver Bay”) it owned to the Two Harbors’ stockholders of record at the close of business on April 2, 2013.

Two Harbors’ stockholders received approximately 0.049 shares of Silver Bay common stock for each share of Two Harbors’ common stock they owned of record on April 2, 2013, subject to the liquidation of fractional shares for which stockholders received cash in lieu of such fractional shares. The Stock Dividend was payable on or about April 24, 2013.

Common Stock Dividends

Declared Ex-date Record Payablesort icon Total Distribution
3/12/10
3/29/10
3/31/10
4/23/10
0.36
6/14/10
6/28/10
6/30/10
7/22/10
0.33
9/13/10
9/28/10
9/30/10
10/21/10
0.39
12/8/10
12/15/10
12/17/10
1/20/11
0.40
3/2/11
3/10/11
3/14/11
4/14/11
0.40
3/2/11
3/10/11
3/14/11
4/14/11
0.40
6/14/11
6/22/11
6/24/11
7/20/11
0.40
9/14/11
9/22/11
9/26/11
10/20/11
0.40
12/14/11
12/22/11
12/27/11
1/20/12
0.40
3/14/12
3/22/12
3/26/12
4/20/12
0.40
6/12/12
6/20/12
6/22/12
7/20/12
0.40
9/12/12
9/20/12
9/24/12
10/22/12
0.36
12/17/12
12/27/12
12/31/12
1/18/13
0.55
3/18/13
3/28/13
4/2/13
4/24/13
0.32

Ex-date as determined by New York Stock Exchange

Annual Dividend Information by Year

2016 |  2015 |  2014 |  2013 |  2012 |  2011 |  2010