Silver Bay Realty Trust Corp. Announces Fourth Quarter 2016 Dividend of $0.13 Per Share
December 20 2016 - 3:18PM
Business Wire
Silver Bay Realty Trust Corp. (NYSE:SBY), declared today a
quarterly dividend of $0.13 per share of common stock for the
fourth quarter of 2016. This dividend is payable January 13, 2017
to common stockholders of record at the close of business on
December 30, 2016.
The Company also announced that starting in FY 2017 the
quarterly dividend declaration dates will be moved forward to
correspond better with the quarterly earnings dates as well as
general industry practices.
Silver Bay Realty Trust Corp.
Silver Bay Realty Trust Corp. is an internally managed Maryland
corporation focused on the acquisition, renovation, leasing and
management of single-family properties for rental income and
long-term capital appreciation. Silver Bay owns single-family
properties in Arizona, California, Florida, Georgia, Nevada, North
Carolina, Ohio, South Carolina and Texas. Silver Bay has elected to
be taxed as a REIT for U.S. federal tax purposes. Additional
information can also be found on the company’s website:
www.silverbayrealtytrustcorp.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. Actual results
may differ from expectations, estimates and projections and,
consequently, readers should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“target,” “assume,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believe,” predicts,” “potential,” “continue,” and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements involve significant
risks and uncertainties that could cause actual results to differ
materially from expected results. The forward-looking statements in
this press release relate to Company’s declaration and payments of
dividends in the future. Factors that could cause actual results to
differ include: a decision by the Board of Directors of the Company
to alter the Company practice related to dividends or to
discontinue the payment of dividends altogether.
Readers are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date made.
Silver Bay does not undertake or accept any obligation to release
publicly any updates or revisions to any forward-looking statement
to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is based.
Additional information concerning these and other risk factors is
contained in Silver Bay’s most recent filings with the Securities
and Exchange Commission (“SEC”). All subsequent written and oral
forward looking statements concerning Silver Bay or matters
attributable to Silver Bay or any person acting on its behalf are
expressly qualified in their entirety by the cautionary statements
above.
Additional Information
Stockholders of Silver Bay, and other interested persons, may
find additional information regarding Silver Bay at the SEC's
Internet site at www.sec.gov or by directing requests to: Silver
Bay Realty Trust Corp., Attn: Investor Relations, 3300 Fernbrook
Lane North, Suite 210, Plymouth, MN 55447, telephone (952)
358-4400.
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version on businesswire.com: http://www.businesswire.com/news/home/20161220005732/en/
Silver Bay Realty Trust Corp.Griffin P. Wetmore,
952-358-4400Executive Vice President -
Financeinvestors@silverbaymgmt.com
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