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