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Starwood Waypoint declares cash dividend

Starwood Waypoint Homes declared a cash dividend of 11 cents per common share, payable Nov. 7, to shareholders on record Oct. 24.

The distribution is in accordance with the prorated dividend stipulated in the company's merger agreement with Invitation Homes Inc. The stockholders of the two companies are to receive dividend for the period starting from the prior dividend record date until Nov. 14.