Two Harbors Investment Corp. Announces Fourth Quarter 2014 Dividend of $0.26 Per Share
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO) today declared a quarterly dividend of $0.26 per share of common stock for the fourth quarter of 2014. This dividend is payable on January 20, 2015 to common stockholders of record at the close of business on December 30, 2014.
Two Harbors distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings are expected to differ principally because of differences in discount accretion and premium amortization, certain non-taxable unrealized and realized gain and losses on derivatives, and non-deductible general and administrative expenses.
Two Harbors Investment Corp.
Two Harbors Investment Corp., a
Maryland corporation, is a real estate investment trust that invests in
residential mortgage-backed securities, residential mortgage loans,
mortgage servicing rights and other financial assets. Two Harbors is
headquartered in New York, New York, and is externally managed and
advised by PRCM Advisers LLC, a wholly owned subsidiary of Pine River
Capital Management L.P. Additional information is available at www.twoharborsinvestment.com.
Additional Information
Stockholders of Two Harbors and other
interested persons may find additional information regarding the company
at the Securities and Exchange Commission’s Internet site at www.sec.gov
or by directing requests to: Two Harbors Investment Corp., 590 Madison
Avenue, 36th floor, New York, NY 10022, telephone
612-629-2500.
Two Harbors Investment Corp.
Investors:
July Hugen,
612-629-2514
Investor Relations
july.hugen@twoharborsinvestment.com
Source: Two Harbors Investment Corp.
Released December 16, 2014
