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Wednesday, June 28, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO) today announced an adjustment to the conversion rate for the company’s 6.25% convertible senior notes due 2022 (the “Notes”). This conversion rate adjustment is being made pursuant to the supplemental indenture governing the Notes as a result of the company’s previously announced second quarter 2017 common stock cash dividend of $0.26 per common share. Effective immediately after the close ofmore...
Thursday, June 22, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp . (NYSE: TWO), a leading hybrid mortgage real estate investment trust, today announced it has entered into an agreement to contribute its equity interests in TH Commercial Holdings LLC to Granite Point Mortgage Trust Inc. (“Granite Point”) simultaneously with the closing of Granite Point’s initial public offering (“IPO”) of its common stock. The $651 million in equity interests to be contributed include Twomore...
Thursday, June 15, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp . (NYSE: TWO), a leading hybrid mortgage real estate investment trust, today declared a quarterly dividend of $0.26 per share of common stock for the second quarter of 2017. This dividend is payable on July 27, 2017 to common stockholders of record at the close of business on June 30, 2017. Two Harbors distributes common stock dividends based on its current estimate of taxable earnings per commonmore...
Wednesday, May 24, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp . (NYSE: TWO), a leading hybrid mortgage real estate investment trust, today announced its intention to contribute its portfolio of commercial real estate assets to Granite Point Mortgage Trust Inc. (“Granite Point”), a Maryland corporation. Granite Point was formed by Two Harbors in order to continue and expand the commercial real estate lending business established by Two Harbors. Granite Pointmore...
Wednesday, May 03, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), a leading hybrid mortgage real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR), commercial real estate and other financial assets, today announced its financial results for the quarter ended March 31, 2017. Summary Reported book value of $9.91 per common share, representing a 3.9%(1more...