Two
Harbors Investment Corp. (NYSE:TWO) today announced the
tax treatment of common stock dividends declared in 2014. This
information is provided to assist stockholders with tax reporting
requirements related to dividend distribution of taxable income by Two
Harbors Investment Corp. Stockholders should review the 2014 tax
statements received from their brokerage firms or other institutions to
ensure that the statements agree with the information provided below.
Additionally, as each stockholder’s tax situation may be different,
stockholders are encouraged to consult with their own professional tax
advisor with respect to their individual tax consequences.
Tax Treatment of the Distributions
The Federal income tax classification of the 2014 distribution as it is
expected to be reported on Form 1099-DIV is set forth in the following
table. No portion of the company’s 2014 dividend distributions is
expected to consist of unrelated business taxable income (UBTI), which
is subject to special tax reporting for certain tax exempt investors.
|
|
|
|
|
|
|
|
|
2014 FORM 1099
|
|
|
Box 1a Total
|
|
|
Box 2a Total
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Declaration
|
|
|
|
|
|
|
|
|
2014 Total
|
|
|
2014
|
|
|
2014 Capital Gain
|
|
Date
|
|
|
Record Date
|
|
|
Payable Date
|
|
|
Distribution
|
|
|
Ordinary
|
|
|
Distributions
|
|
|
|
|
|
|
|
|
|
|
Per Share
|
|
|
Dividends
|
|
|
|
|
03/17/2014
|
|
|
03/31/2014
|
|
|
04/21/2014
|
|
|
$0.26000
|
|
|
$0.239282
|
|
|
$0.020718
|
|
06/17/2014
|
|
|
07/02/2014
|
|
|
07/22/2014
|
|
|
$0.26000
|
|
|
$0.239282
|
|
|
$0.020718
|
|
09/16/2014
|
|
|
09/30/2014
|
|
|
10/21/2014
|
|
|
$0.26000
|
|
|
$0.239282
|
|
|
$0.020718
|
|
12/16/2014
|
|
|
12/30/2014
|
|
|
01/20/2015
|
|
|
$0.26000
|
|
|
$0.239282
|
|
|
$0.020718
|
|
Totals
|
|
|
$1.04000
|
|
|
$0.957130
|
|
|
$0.082870
|
|
|
|
|
|
|
|
|
|
|
|
Consult Your Tax Advisor
Stockholders may have additional reporting obligations to the Internal
Revenue Service and/or other tax authorities.
The U.S. federal income tax treatment of holding Two Harbors
common stock to any particular stockholder will depend on the
stockholder’s particular tax circumstances. You are urged to consult
your tax advisor regarding the U.S. federal, state, local and foreign
income and other tax consequences to you, in light of your particular
investment or tax circumstances, of acquiring, holding and disposing of
Two Harbors common stock.
Two Harbors does not provide tax, accounting or legal advice. Any
tax statements contained herein were not intended or written to be used,
and cannot be used for the purpose of avoiding U.S., federal, state or
local tax penalties. Please consult your advisor as to any tax,
accounting or legal statements made herein.
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 2015