Two Harbors Investment's Series A Preferred Stock Yield Pushes Past 8.5%
July 23, 2024 at 14:11 PM EDT
In trading on Tuesday, shares of Two Harbors Investment Corp's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (TWO. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0312), with shares changing hands as low as $23.85 on the day.
