Starwood Property announces completion of spin-off of Starwood Waypoint Starwood Waypoint Residential Trust (SWAY) announced that its common shares will begin regular trading today on the New York Stock Exchange under the ticker symbol “SWAY” following its spinoff from Starwood Property Trust (STWD). The spinoff transaction comprised a one-for-five distribution of Starwood Waypoint shares to stockholders of record of Starwood Property Trust on January 24. It is anticipated that Starwood Property Trust will continue to pay a quarterly dividend of 46c per share when it announces its 2013 year-end earnings.
News For SWAY;STWD From The Last 14 Days
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