Two Harbors secures waiver to pay pro-rated dividend if CCM merger closes mid-quarter

Filed May 14, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

• medium

  CCM irrevocably waived merger agreement restrictions, allowing Two Harbors to pay shareholders a pro-rated dividend for any partial quarter if the merger closes before quarter-end, ensuring investors receive income for the stub period.

  Item 8.01 verify on EDGAR →
• medium

  Stub dividend will be calculated as the most recent quarterly dividend (capped at $0.34/share) multiplied by days elapsed in the quarter through the day before closing, then divided by total days in that quarter.

  Item 8.01 verify on EDGAR →
• low

  Two Harbors will continue paying regular quarterly dividends as usual for any complete quarters before the merger closes; the stub dividend only applies if closing occurs mid-quarter.

  Item 8.01 verify on EDGAR →