Two Harbors Investment Corp. Announces Fourth Quarter 2022 Common and Preferred Stock Dividends
19 Dezember 2022 - 10:15PM
Business Wire
Two Harbors Investment Corp. (NYSE: TWO), an
Agency + MSR mortgage real estate investment trust, today declared
a dividend of $0.60 per share of common stock for the fourth
quarter of 2022. The fourth quarter dividend is payable on January
27, 2023 to common stockholders of record at the close of business
on January 5, 2023.
“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,” stated Bill Greenberg, Two Harbors’ President and
Chief Executive Officer. “We believe a quarterly dividend of $0.60
per common share reflects the company’s earnings and return
potential in the current environment. As always, future dividends
are dependent upon actual results and remain subject to the
discretion and approval of the Board of Directors.”
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 January 27, 2023 to the applicable preferred
stockholders of record at the close of business on January 12,
2023.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. Actual results
may differ from expectations, estimates and projections and,
consequently, readers should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“target,” “assume,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believe,” “predicts,” “potential,” “continue,” and similar
expressions are intended to identify such forward-looking
statements. These forward looking statements involve significant
risks and uncertainties that could cause actual results to differ
materially from expected results.
Readers are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date made.
Two Harbors does not undertake or accept any obligation to release
publicly any updates or revisions to any forward-looking statement
to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is based.
Additional information concerning these and other risk factors is
contained in Two Harbors’ most recent filings with the Securities
and Exchange Commission. All subsequent written and oral forward
looking statements concerning Two Harbors or matters attributable
to Two Harbors or any person.
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 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, telephone (612) 453-4100.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221219005735/en/
Investor Relations, Two Harbors Investment Corp., 612-453-4100,
investors@twoharborsinvestment.com.
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