In Thursday’s trading, Two Harbors Investment Corp’s 7.25% Cumulative Redeemable Preferred Share Series C (ticker: TWO.PRC) was yielding above the 10% mark based on its quarterly dividend ( annualized at $1.8125), with shares changing hands as low as $17.88 on the day. That compares to an average return of 8.42% in the REIT preferred stock category, according to Preferred Stock Channel. As of last close, TWO.PRC was trading at a 25.36% discount to its preferential liquidation amount, compared to an average discount of 34.50% in the “REIT” category.
Below is a historical dividend chart for TWO.PRC, showing historical dividend payments on Two Harbors Investment Corp Series C 7.25% Cumulative Fixed-to-Floating Rate Redeemable Preferred Shares:
Free report: Top 8%+ Dividends (paid monthly)
In Thursday’s trading, Two Harbors Investment Corp’s 7.25% Fixed-to-Floating Rate Cumulative Redeemable Preferred Share Series C (ticker: TWO.PRC) is currently down about 3.5% on the day. , while ordinary shares (symbol: TWO) are deactivated. about 2.6%.
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