Two Harbors Investment Corp. Announces Company Update and Suspension of First Quarter 2020 Common and Preferred Stock Dividends
Two Harbors Investment Corp (TWO)
Last two harbors investment corp earnings: 2/5 04:17 pm
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US:NYSE Investor Relations:
investor.twoharborsinvestment.com
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO) (the “Company”), a leading hybrid mortgage real estate investment trust (REIT), today announced that the Company has suspended both its first quarter 2020 common stock and preferred stock dividends to preserve liquidity and long-term stockholder value.“The Board of Directors, together with management, has come to the difficult decision to suspend our first quarter 2020 dividends, as a result of the volatile market conditions related to the COVID-19 pandemic,” stated Thomas Siering, Two Harbors’ President and Chief Executive Officer. “We believe this is a prudent part of managing our liquidity, which is the most important objective for our business in these uncertain times. That being said, we have satisfied our margin calls received to date under our financing arrangements.”The Board of Directors will evaluate the Company’s ability to pay dividends in future quarters based upon customary considerations, including
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News
- TWO Announces Fourth Quarter 2024 Common and Preferred Stock DividendsBusiness Wire
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- Two Harbors Investment Corp. (NYSE: TWO) had its price target lowered by analysts at Compass Point from $15.75 to $14.75. They now have a "buy" rating on the stock.MarketBeat
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TWO
Earnings
- 10/28/24 - Miss
TWO
Sec Filings
- 12/20/24 - Form 144
- 11/12/24 - Form 8-K
- 10/29/24 - Form 10-Q
- TWO's page on the SEC website