Welcome to our dedicated page for Two Hbrs Invt news (Ticker: TWO), a resource for investors and traders seeking the latest updates and insights on Two Hbrs Invt stock.
Two Harbors Investment Corp. (NYSE: TWO) is an MSR-focused real estate investment trust that invests in mortgage servicing rights, residential mortgage-backed securities and other financial assets. News about Two Harbors often centers on its mortgage finance activities, portfolio composition, financing arrangements and corporate transactions, all of which are relevant to investors following the mortgage and real estate investment trust sectors.
Regular news items include quarterly earnings releases, where the company reports book value per common share, economic return on book value, comprehensive income or loss, and earnings available for distribution. These releases also summarize the composition of the MSR and Agency RMBS portfolio, including unpaid principal balance, coupon characteristics, delinquency metrics and prepayment speeds, as well as details on hedging instruments and financing costs.
Two Harbors also issues press releases about its dividend decisions for common and preferred stock, explaining how dividend levels relate to portfolio earnings, taxable income, book value and market conditions. Additional news covers capital markets activity, such as the pricing of senior notes offerings and updates to at-the-market equity offering programs, along with the use of proceeds for refinancing debt, financing MSR and Agency RMBS purchases, and other corporate purposes.
A significant recent news theme is the announced all-stock acquisition of Two Harbors by UWM Holdings Corporation, described in joint press releases and Form 8-K filings. Coverage of this transaction includes the agreed exchange ratio for Two Harbors common stock, the treatment of preferred stock, expected timing subject to customary conditions, and the strategic rationale presented by both companies. Investors who follow TWO news can review these items to understand how the planned merger, litigation settlements and portfolio developments may affect the company’s future within the mortgage finance landscape.
Two Harbors Investment Corp (NYSE: TWO) has announced its 2022 Annual Meeting of Stockholders will take place virtually on May 18, 2022, at 10 a.m. Eastern Time. Stockholders of record as of March 22, 2022, can participate by voting and submitting questions using a 16-digit control number sent to them. They are advised to log in 15 minutes early. A replay of the meeting will be available for one year on the company’s website.
Two Harbors Investment Corp. (NYSE: TWO) reported its fourth-quarter financial results for 2021, showing a comprehensive loss of $128.6 million and a book value of $5.87 per share, reflecting a 5.6% decrease in quarterly return on book value. Earnings Available for Distribution (EAD) was $73.3 million, equating to $0.22 per share. Despite a challenging investment environment, the company continued its dividend payments, declaring $0.17 per share for the quarter. The annualized dividend yield stood at 10%, with significant MSR acquisitions totaling $88.3 billion in unpaid principal balance.
Two Harbors Investment Corp. (NYSE: TWO) has announced the tax treatment of its common and preferred stock dividends declared in 2021. All 2021 dividend distributions are not expected to include excess inclusion income, thus exempting certain tax-exempt investors from special tax reporting requirements. The common stock distribution, payable on January 28, 2022, will be treated as a 2022 distribution for tax purposes. Additionally, the company clarified the tax implications of its various preferred stock dividends and urged shareholders to consult their tax advisors regarding individual tax circumstances.
Two Harbors Investment Corp (NYSE: TWO) will release its financial results for Q4 2021 on February 9, 2022, after market close. A conference call to discuss the results is scheduled for February 10, 2022, at 9:00 a.m. ET. Participants can access the call via the company’s website or by calling (877) 502-7185. A playback will be available from February 10 through February 24, 2022. Two Harbors focuses on residential mortgage-backed securities and mortgage servicing rights.
Two Harbors Investment Corp (NYSE: TWO) has announced a $0.17 per share dividend for Q4 2021, payable on January 28, 2022. Shareholders on record by December 29, 2021 will receive this payment. Preferred stock dividends include $0.50781 for Series A, $0.47656 for Series B, and $0.45313 for Series C, payable on January 27, 2022, to stockholders on record by January 12, 2022.
Two Harbors Investment Corp. (NYSE: TWO) reported a book value of $6.40 per common share for Q3 2021, reflecting a 2.3% quarterly return. The company generated comprehensive income of $45.2 million, with earnings available for distribution (EAD) at $73.6 million or $0.24 per share. A dividend of $0.17 was declared. Significant growth was noted in the mortgage servicing rights (MSR) portfolio, with $29 billion UPB settled. Following capital issuances, $21 billion UPB of MSR is expected to be settled in upcoming quarters.
Two Harbors Investment Corp (NYSE: TWO) announced a public offering of 30 million shares of common stock, priced to yield
Two Harbors Investment Corp (NYSE: TWO) has announced an underwritten public offering of 30,000,000 shares of its common stock, with an additional 4,500,000 share option for underwriters. The net proceeds will be used to acquire residential mortgage-backed securities, mortgage servicing rights, and other financial assets while adhering to investment guidelines. This follows the company's existing shelf registration with the SEC from February 2021. Citigroup, Credit Suisse, and RBC Capital Markets are managing the offering.
Two Harbors Investment Corp (NYSE: TWO) will release its financial results for Q3 ended September 30, 2021, after market close on November 8, 2021. A conference call is scheduled for November 9, 2021, at 9:00 a.m. ET to discuss the results. The call will be accessible via webcast on the company's website. For those unable to attend, a playback will be available from November 9 at 12:00 p.m. ET until November 23, 2021. Two Harbors is a Maryland-based REIT that invests in residential mortgage-backed securities and mortgage servicing rights.
Two Harbors Investment Corp (NYSE: TWO) has announced a third-quarter dividend of
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