---
title: "Two Harbors to pay prorated stub dividend if CCM merger closes; waiver allows up to $0.34 per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286423634.md"
description: "Two Harbors will pay a prorated \"Permitted Stub Period Dividend\" if the CCM merger closes after a quarter end. The dividend, up to $0.34 per share, is contingent on the merger's closing and will be paid promptly thereafter. The record date is set for immediately before the merger's effective time. Two Harbors will continue to pay regular quarterly dividends for completed quarters prior to the merger."
datetime: "2026-05-14T13:13:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286423634.md)
  - [en](https://longbridge.com/en/news/286423634.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286423634.md)
---

# Two Harbors to pay prorated stub dividend if CCM merger closes; waiver allows up to $0.34 per share

**Two Harbors will pay a pro-rated "Permitted Stub Period Dividend" tied to its most recent quarterly dividend if the CCM merger closes after a quarter end.**

**Key Highlights:**

-   CCM waived restrictions to permit a prorated dividend for the quarter in which the CCM merger closes.
-   Permitted Stub Period Dividend equals the most recent quarterly dividend (up to $0.34) prorated by days elapsed in the quarter.
-   Record date is immediately prior to the merger effective time; payment conditioned on closing and paid promptly after closing.
-   Two Harbors continues to pay regular quarterly dividends in the ordinary course for completed quarters prior to closing.

Original SEC Filing: TWO HARBORS INVESTMENT CORP. \[ TWO \] - 8-K - May. 14, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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