Two Harbors Investment Corp. Announces Second Quarter 2012 Dividend of $0.40 per Share
NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Two Harbors Investment Corp. (NYSE: TWO; NYSE MKT: TWO.WS) today declared a quarterly dividend of $0.40 per share of common stock for the second quarter of 2012. This dividend is payable July 20, 2012 to common stockholders of record at the close of business on June 22, 2012.
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 gains and losses on derivatives, and non-deductible general and administrative expenses.
Two Harbors Investment Corp. (TWO)
Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, residential mortgage loans, residential real properties and other financial assets. Two Harbors is headquartered in Minnetonka, Minnesota, 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.
Stockholders and warrant holders of Two Harbors, and other interested persons, may find additional information regarding the company at the Securities and Exchange Commissions Internet site at www.sec.gov or by directing requests to: Two Harbors Investment Corp., 601 Carlson Parkway, Suite 150, Minnetonka, MN 55305, telephone 612-629-2500.
Two Harbors Investment Corp.
Christine Battist, 612-629-2507
Source: Two Harbors Investment Corp.Copyright Business Wire 2012