Two
Harbors Investment Corp. (NYSE: TWO) today declared a
quarterly dividend of $0.26 per share of common stock for the third
quarter of 2014. This dividend is payable on October 21, 2014 to common
stockholders of record at the close of business on September 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.
Copyright Business Wire 2014