Two Harbors Investment's Series B Preferred Stock Crosses Above 9% Yield Territory
June 19, 2020 at 14:40 PM EDT
In trading on Friday, shares of Two Harbors Investment Corp's 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (TWO. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.9062), with shares changing hands as low as $21.01 on the day.
