Business & Finance
Business and Finance
Business and Finance
Tue, June 15, 2010
Mon, June 14, 2010 Cypress Sharpridge Investments, Inc. Board of Directors Declares Second Quarter 2010 Dividend of $0.60 Per Share
NEW YORK--([ BUSINESS WIRE ])--The Board of Directors of Cypress Sharpridge Investments, Inc. (NYSE: CYS) (the "Company") today declared a quarterly dividend of $0.60 per share of common stock for the second quarter of 2010. The dividend will be paid on July 28, 2010 to stockholders of record on June 28, 2010.
About Cypress Sharpridge Investments, Inc.
Cypress Sharpridge Investments, Inc. is a specialty finance company that invests on a leveraged basis in residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. The Company has elected to be taxed as a real estate investment trust for federal income tax purposes.
Please visit the Company's website at [ www.cysinv.com ].
Forward Looking Statements Disclaimer
This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. These forward-looking statements relate to the payment of the dividend. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us, including those described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2009, and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2010, each of which has been filed with the Securities and Exchange Commission. If a change occurs, these forward-looking statements may vary materially from those expressed in this release. All forward-looking statements speak only as of the date on which they are made. Except as required by law, we are not obligated to, and do not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
