Two Harbors Investment Corp. Announces First Quarter 2021 Common and Preferred Stock Dividends

Rhea-AI Summary

Two Harbors Investment Corp (NYSE: TWO) declared a first quarter dividend of $0.17 per share on March 18, 2021, payable on April 29, 2021, to shareholders of record as of March 29, 2021. Additionally, preferred stock dividends were announced, including $0.50781 for Series A, $0.47656 for Series B, and $0.45313 for Series C, all payable on April 27, 2021, to respective holders recorded by April 12, 2021.

Positive

• Declared a sustainable dividend of $0.17 per share, showcasing financial strength.
• Preferred stock dividends reflect consistent income streams for investors.

Negative

• None.

Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today declared a dividend of $0.17 per share of common stock for the first quarter of 2021. The first quarter dividend is payable on April 29, 2021 to common stockholders of record at the close of business on March 29, 2021.

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 April 27, 2021 to the applicable preferred stockholders of record at the close of business on April 12, 2021.

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 Minnetonka, MN. Additional information is available at www.twoharborsinvestment.com.

Additional Information

Stockholders of Two Harbors and other interested persons may find additional information regarding the company at the Securities and Exchange Commission’s Internet site at www.sec.gov or by directing requests to: Two Harbors Investment Corp., 601 Carlson Parkway, Suite 1400, Minnetonka, MN, 55305, telephone 612-453-4100.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210318005916/en/

FAQ

What is the dividend amount and payment date for Two Harbors Investment Corp?

The dividend amount is $0.17 per share, payable on April 29, 2021.

When is the record date for the common stock dividend for TWO?

The record date for the common stock dividend is March 29, 2021.

What are the details of the preferred stock dividends declared by Two Harbors?

The preferred dividends are $0.50781 for Series A, $0.47656 for Series B, and $0.45313 for Series C, all payable on April 27, 2021.

When is the record date for the preferred stock dividends?

The record date for the preferred stock dividends is April 12, 2021.