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
Check Earnings Report
US:NYSE Investor Relations:
investor.twoharborsinvestment.com
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
TWO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TWO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TWO alerts
High impacting Two Harbors Investment Corp news events
Weekly update
A roundup of the hottest topics
TWO
News
- Two Harbors Plunges 10.9% in a Month: Should You Buy the Dip? [Yahoo! Finance]Yahoo! Finance
- Why the CEO of Nasdaq says the ‘renaissance period' for tech in finance will last another decade [Fortune]Fortune
- TWO Announces Appointment of Travis Swenson and Plan for Chief Financial Officer TransitionBusiness Wire
- Two Harbors Investment Corp. (NYSE: TWO) had its price target lowered by analysts at Royal Bank of Canada from $14.00 to $12.00. They now have a "sector perform" rating on the stock.MarketBeat
- Two Harbors Investment Corp. (NYSE: TWO) had its price target lowered by analysts at JPMorgan Chase & Co. from $13.50 to $11.50. They now have a "neutral" rating on the stock.MarketBeat
TWO
Earnings
- 10/28/24 - Miss
TWO
Sec Filings
- 11/12/24 - Form 8-K
- 10/29/24 - Form 10-Q
- 10/28/24 - Form 8-K
- TWO's page on the SEC website