TWO - NYSE
Two Harbors Investment Corp.
$12.38
-0.28%Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
At a Glance
Live SnapshotTwo Harbors Investment Corp. Dividend History
TWO Dividend Payment History
Total Payments
50
Latest Dividend
$0.3400
Annual Amount
$1.8600
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Mar 19, 2026 | Apr 2, 2026 | Apr 15, 2026 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Dec 18, 2025 | Jan 5, 2026 | Jan 29, 2026 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Aug 20, 2025 | Oct 3, 2025 | Oct 29, 2025 | $0.3400 | $0.3400 | Quarterly | -12.82% |
Jun 18, 2025 | Jul 3, 2025 | Jul 29, 2025 | $0.3900 | $0.3900 | Quarterly | -13.33% |
Mar 19, 2025 | Apr 4, 2025 | Apr 29, 2025 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Dec 18, 2024 | Jan 3, 2025 | Jan 29, 2025 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Sep 19, 2024 | Oct 1, 2024 | Oct 29, 2024 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Jun 18, 2024 | Jul 5, 2024 | Jul 29, 2024 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Mar 20, 2024 | Apr 4, 2024 | Apr 29, 2024 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Dec 18, 2023 | Jan 12, 2024 | Jan 29, 2024 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Sep 19, 2023 | Oct 3, 2023 | Oct 27, 2023 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Jun 21, 2023 | Jul 5, 2023 | Jul 28, 2023 | $0.4500 | $0.4500 | Quarterly | -25.00% |
Mar 23, 2023 | Apr 4, 2023 | Apr 28, 2023 | $0.6000 | $0.6000 | Quarterly | 0.00% |
Dec 19, 2022 | Jan 5, 2023 | Jan 27, 2023 | $0.6000 | $0.6000 | Quarterly | -11.76% |
Sep 21, 2022 | Oct 3, 2022 | Oct 28, 2022 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Jun 22, 2022 | Jul 5, 2022 | Jul 29, 2022 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Mar 23, 2022 | Apr 4, 2022 | Apr 29, 2022 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Dec 16, 2021 | Dec 29, 2021 | Jan 28, 2022 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Sep 21, 2021 | Oct 1, 2021 | Oct 29, 2021 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Jun 17, 2021 | Jun 29, 2021 | Jul 29, 2021 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Mar 18, 2021 | Mar 29, 2021 | Apr 29, 2021 | $0.1700 | $0.6800 | Quarterly | 0.00% |
Dec 17, 2020 | Dec 30, 2020 | Jan 29, 2021 | $0.1700 | $0.6800 | Quarterly | +21.43% |
Sep 21, 2020 | Oct 1, 2020 | Oct 29, 2020 | $0.1400 | $0.5600 | Quarterly | 0.00% |
Jun 18, 2020 | Jun 30, 2020 | Jul 29, 2020 | $0.1400 | $0.5600 | Quarterly | +180.00% |
Apr 6, 2020 | Apr 16, 2020 | Apr 29, 2020 | $0.0500 | $0.2000 | Quarterly | -87.50% |
Dec 17, 2019 | Dec 31, 2019 | Jan 24, 2020 | $0.4000 | $1.6000 | Quarterly | 0.00% |
Sep 19, 2019 | Sep 30, 2019 | Oct 28, 2019 | $0.4000 | $1.6000 | Quarterly | 0.00% |
Jun 19, 2019 | Jul 1, 2019 | Jul 29, 2019 | $0.4000 | $1.6000 | Quarterly | -14.89% |
Mar 19, 2019 | Mar 29, 2019 | Apr 29, 2019 | $0.4700 | $1.8800 | Quarterly | 0.00% |
Dec 18, 2018 | Dec 31, 2018 | Jan 28, 2019 | $0.4700 | $1.8800 | Quarterly | +50.64% |
Sep 20, 2018 | Oct 1, 2018 | Oct 29, 2018 | $0.3120 | $1.2480 | Quarterly | +97.47% |
Jul 13, 2018 | Jul 25, 2018 | Jul 30, 2018 | $0.1580 | $0.6320 | Quarterly | -66.38% |
Jun 19, 2018 | Jun 29, 2018 | Jul 27, 2018 | $0.4700 | $1.8800 | Quarterly | 0.00% |
Mar 20, 2018 | Apr 2, 2018 | Apr 27, 2018 | $0.4700 | $1.8800 | Quarterly | 0.00% |
Dec 14, 2017 | Dec 26, 2017 | Dec 29, 2017 | $0.4700 | $1.8800 | Quarterly | +10.33% |
Sep 14, 2017 | Sep 29, 2017 | Oct 27, 2017 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Jun 16, 2017 | Jun 30, 2017 | Jul 27, 2017 | $0.2600 | $1.7040 | Quarterly | +4.03% |
Mar 15, 2017 | Mar 31, 2017 | Apr 27, 2017 | $0.2500 | $1.6380 | Quarterly | +4.20% |
Dec 16, 2016 | Dec 30, 2016 | Jan 27, 2017 | $0.2400 | $1.5720 | Quarterly | +4.31% |
Sep 15, 2016 | Sep 30, 2016 | Oct 20, 2016 | $0.2300 | $1.5070 | Quarterly | 0.00% |
Jun 16, 2016 | Jun 30, 2016 | Jul 20, 2016 | $0.2300 | $1.5070 | Quarterly | 0.00% |
Mar 16, 2016 | Mar 31, 2016 | Apr 21, 2016 | $0.2300 | $1.5070 | Quarterly | -11.56% |
Dec 16, 2015 | Dec 30, 2015 | Jan 20, 2016 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Sep 17, 2015 | Sep 30, 2015 | Oct 22, 2015 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Jun 17, 2015 | Jun 30, 2015 | Jul 21, 2015 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Mar 18, 2015 | Mar 31, 2015 | Apr 21, 2015 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Dec 16, 2014 | Dec 30, 2014 | Jan 20, 2015 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Sep 16, 2014 | Sep 30, 2014 | Oct 21, 2014 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Jun 17, 2014 | Jul 2, 2014 | Jul 22, 2014 | $0.2600 | $1.7040 | Quarterly | 0.00% |
Mar 17, 2014 | Mar 31, 2014 | Apr 21, 2014 | $0.2600 | $1.7040 | Quarterly | - |
Two Harbors Investment Corp. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Negative payout ratio indicates the company is either not paying dividends or has negative earnings. Not a dividend-paying stock currently.
FCF Payout Ratio
FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.
Dividend Growth
Steady dividend growth indicates consistent capital returns. Company committed to rewarding shareholders while managing payout prudently.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Key Insight
Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.
Related Guides
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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