Two Harbors Investment's Series C Preferred Stock Crosses Above 8.5% Yield Territory
June 09, 2020 at 14:09 PM EDT
In trading on Tuesday, shares of Two Harbors Investment Corp's 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (TWO. RC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $20.91 on the day.
