heres the real scoop that you all really want to know. SBY Basis will be what you got the stock for when they issued the shares. around 19.50. It is classified as a taxable dividend as your regular quarterly dividends are. The best part is for most of us since TWO wont have earnings and profit iabove the regular divident t will be classified as return of capital. So at year end when the final announcement of earnings and paid dividends thats when you will find out the true tax effect.