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Two Harbors Investment Corp. Message Board

  • faaqcee faaqcee Mar 18, 2013 8:54 PM Flag

    Ad Campaign?

    The SBY and TWO deal,
    with TWO shareholders getting about .059SBY shares for every 1TWO share,
    seems to me to be a promotion campaign to get SBY better known.

    Before today I'd never heard of SBY.
    SBY is selling for over 19.

    SBY has yet to pay a dividend, as per Yahoo.
    Will SBY declare its own dividend, and soon?

    Owning 2000 shares of TWO on the ex-date will net you 118 SBY shares,
    hardly enough to whet one's whistle.
    Someone seeing those lonely 118 shares in their account might want to round it up to a higher number.

    The old "give 'em 188 and they'll buy 882 more trick".
    Unfortunately I've experienced the worst in that with FTR, a rural telecom,
    shares which came in a VZ dividend.
    Bought more. :(

    This here is a much different animal these ole' REITs are though,
    Good luck,

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