Two Harbors Investments Corp (TWO) Ex-Dividend Date Scheduled for December 27, 2012


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Two Harbors Investments Corp ( TWO ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.55 per share scheduled for January 18, 2013. Shareholders who purchased TWO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 52.78% increase over the prior quarter. At the current stock price of $11.59, the dividend yield is 18.98%.

The previous trading day's last sale of TWO was $11.59, representing a -5% decrease from the 52 week high of $12.20 and a 28.35% increase over the 52 week low of $9.03.

TWO is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). TWO's current earnings per share, an indicator of a company's profitability, is $.86. Zacks Investment Research reports TWO's forecasted earnings growth in 2012 as -23.41%, compared to an industry average of -5.7%.

For more information on the declaration, record and payment dates, visit the TWO Dividend History page.

Interested in gaining exposure to TWO through an Exchange Traded Fund [ETF]?
The following ETF(s) have TWO as a top-10 holding:

  • iShares FTSE NAREIT Mortgage REITs Index Fund ( REM )
  • iShares Morningstar Small Value Index Fund ( JKL )
  • Russell Small Cap Contrarian ETF (SCTR)
  • iShares Russell 2000 Value Index Fund ( IWN ).

The top-performing ETF of this group is JKL with an increase of 8.05% over the last 100 days. REM has the highest percent weighting of TWO at 5.65%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: AMT , IWN , JKL , REM , SPG , TWO

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