Check out the Nasdaq website. www.nasdaq.com Two Press Release
Two Harbors Investment Corp. Announces Final Distribution Ratio for Special Dividend of its Shares of Silver Bay Common Stock
As previously announced on March 18, 2013, the special committee of the company's board of directors declared a special dividend (the "Stock Dividend") pursuant to which the company will distribute, on a pro rata basis, 17,824,647 shares of Silver Bay common stock to Two Harbors stockholders of record at the close of business on April 2, 2013.
The qtr dividends will be paid: 4/24. It is possible that the spin off of SBY will be allocated around this date too. I asked my Schwab rep to check out with the dividends dept. for the date of distribution of the SBY shares to TWO shareholders of 2/4 record date.