Two Harbors Investment Corp. Announces Third Quarter 2023 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR real estate investment trust, today declared a dividend of $0.45 per share of common stock for the third quarter of 2023. The third quarter dividend is payable on October 27, 2023 to common stockholders of record at the close of business on October 3, 2023. 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 October 27, 2023 to the applicable preferred stockholders of record at the close of business on October 12, 2023.
Two Harbors Investment Corp.
Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets. Two Harbors is headquartered in St. Louis Park, MN.
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, telephone (612) 453-4100.
Margaret Karr, Head of Investor Relations, Two Harbors Investment Corp., 612-453-4080, firstname.lastname@example.org
Source: Two Harbors Investment Corp.
Released September 19, 2023