Dividend Information| Declared | Ex-Dividend | Record | Payable | Amount | Type | | 09/12/11 | 09/20/11 | 09/22/11 | 11/15/11 | $.22 | Special Dividend | | 12/10/10 | 12/21/10 | 12/23/10 | 01/14/11 | $.50 | Ordinary | | 11/02/10 | 11/09/10 | 11/12/10 | 11/24/10 | $.50 | Ordinary | | 08/03/10 | 08/11/10 | 08/13/10 | 08/27/10 | $.50 | Ordinary | | 04/30/10 | 05/12/10 | 05/14/10 | 05/28/10 | $.50 | Ordinary | | 12/15/09 | 12/29/09 | 12/31/09 | 01/20/10 | $.50 | Ordinary | | 11/05/09 | 11/16/09 | 11/18/09 | 11/30/09 | $.50 | Ordinary | | 08/05/09 | 08/17/09 | 08/19/09 | 08/31/09 | $.50 | Ordinary |
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Upon the consummation of the Green Tree Acquisition, the Company no longer qualified as a Real Estate Investment Trust (REIT). Consequently, effective as of January 1, 2011, we are no longer required to distribute a minimum of 90% of our taxable income each year in order to maintain our REIT status. Going forward, while we expect to pay nominal dividends each year, any future dividend distributions will be made at the discretion of our board of directors and will depend upon, among other things, our earnings, financial condition and liquidity, and such other factors as the board of directors deems relevant, as well as any contractual restrictions which we are now, or may in the future be subject to, including certain covenants in our credit agreements that limit our ability to pay dividends. |
