Two Harbors Investment Corp. Announces Interim Common Stock Dividend and Payment of First Quarter 2020 Preferred Stock Dividends
Two Harbors Investment Corp (TWO)
Last two harbors investment corp earnings: 2/5 04:17 pm
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investor.twoharborsinvestment.com
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO, the “Company”), a leading residential mortgage real estate investment trust, today announced that its Board of Directors declared an interim common stock dividend of $0.05 per share. The interim dividend is payable on April 29, 2020, for stockholders of record as of April 16, 2020. The Board of Directors will evaluate the second quarter dividend and other future quarterly dividends based on market conditions and the Company’s expected ongoing earnings power.“The declaration of this interim dividend reflects our commitment to stockholders and our ability to be flexible and make real-time decisions, informed by current and expected market conditions,” stated Thomas Siering, Two Harbors’ President and Chief Executive Officer. “Our liquidity position is strong with $1.2 billion in unrestricted cash as of March 31, 2020. We have also substantially de-risked our portfolio and are optimistic for the future of our company
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News
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- 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