Two Harbors Investment Corp. Announces Third Quarter 2024 Common and Preferred Stock Dividends
20 September 2024 - 6:15AM
Business Wire
Two Harbors Investment Corp. (NYSE: TWO), an MSR + Agency
RMBS REIT, today declared a dividend of $0.45 per share of common
stock for the third quarter of 2024. The third quarter dividend is
payable on October 29, 2024 to common stockholders of record at the
close of business on October 1, 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 October 28, 2024 to the applicable preferred
stockholders of record at the close of business on October 11,
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/20240919462859/en/
Margaret Karr, Head of Investor Relations, Two Harbors
Investment Corp., 612-453-4080,
margaret.karr@twoharborsinvestment.com.
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