Two Harbors Investment Corp. Announces Second Quarter 2024 Common and Preferred Stock Dividends
June 18 2024 - 3:15PM
Business Wire
Two Harbors Investment Corp. (NYSE: TWO), an MSR +
Agency RMBS real estate investment trust, today declared a dividend
of $0.45 per share of common stock for the second quarter of 2024.
The second quarter dividend is payable on July 29, 2024 to common
stockholders of record at the close of business on July 5, 2024.
The common stock dividend is a function of several factors,
including sustainability, earnings and return potential of the
portfolio, taxable income, impact to book value and the market
environment.
Two Harbors also declared today the following preferred stock
dividends:
- a dividend of $0.50781 per share of the 8.125% Series A
Cumulative Redeemable Preferred Stock;
- a dividend of $0.47656 per share of the 7.625% Series B
Cumulative Redeemable Preferred Stock; and
- a dividend of $0.45313 per share of the 7.25% Series C
Cumulative Redeemable Preferred Stock.
The Series A, Series B and Series C preferred dividends are
payable on July 29, 2024 to the applicable preferred stockholders
of record at the close of business on July 12, 2024.
Two Harbors Investment Corp.
Two Harbors Investment Corp., a Maryland corporation, is a real
estate investment trust that invests in mortgage servicing rights,
residential mortgage-backed securities and other financial assets.
Two Harbors is headquartered in St. Louis Park, MN.
Additional Information
Stockholders of Two Harbors and other interested persons may
find additional information regarding the company at
www.twoharborsinvestment.com, at the Securities and Exchange
Commission’s internet site at www.sec.gov or by directing requests
to: Two Harbors Investment Corp., 1601 Utica Avenue South, Suite
900, St. Louis Park, MN 55416, (612) 453-4100.
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version on businesswire.com: https://www.businesswire.com/news/home/20240618890460/en/
Margaret Karr, Head of Investor Relations, Two Harbors
Investment Corp., 612-453-4080,
margaret.karr@twoharborsinvestment.com.
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