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20.08.25 - 22:21
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TWO Provides Business Update (Business Wire)
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Announces Resolution of Litigation and Third Quarter 2025 Common and Preferred Stock DividendsNEW YORK--(BUSINESS WIRE)--TWO (Two Harbors Investment Corp, NYSE: TWO), an MSR-focused REIT, today provided a business update regarding the resolution of pending litigation and its third quarter 2025 common and preferred stock dividends.
Resolution of Pine River Litigation
The company has entered into a settlement agreement, dated as of August 20, 2025, resolving all claims in its litigation with PRCM Advisers LLC, Pine River Capital Management L.P., and Pine River Domestic Management L.P. (collectively, “Pine River”).
Pursuant to the settlement agreement, the company has agreed to make a one-time cash payment of $375 million to Pine River, which is payable within thirty days of the date of the settlement agreement.
The company expects to fund the settlement payment through a combination of cash on hand and available borrowing capacity, and will continue to have ample liquidity following the payment.
Pine Ri...
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28.07.25 - 22:21
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TWO Reports Second Quarter 2025 Financial Results (Business Wire)
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Wider Spreads Lead to Attractive Levered ReturnsNEW YORK--(BUSINESS WIRE)--$TWO #Earnings--TWO (Two Harbors Investment Corp., NYSE: TWO), an MSR-focused real estate investment trust (REIT), today announced its financial results for the quarter ended June 30, 2025.
Quarterly Summary
Reported book value of $12.14 per common share, and declared a second quarter common stock dividend of $0.39 per share, representing a (14.5)% quarterly economic return on book value. For the first six months of 2025, generated a (10.3)% total economic return on book value.(1)
Incurred a Comprehensive Loss of $(221.8) million, or $(2.13) per weighted average basic common share.
Recorded a contingency liability and related expense of $199.9 million, or $1.92 per weighted average basic common share, related to the company's ongoing litigation with PRCM Advisers LLC.(2)
Excluding the loss contingency accrual recognized during the quarter:
Generated a (1.4)% quarterly economic return on book value. For the first six months of 2025...
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15.07.25 - 22:21
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TWO Announces Earnings Release and Conference Call for Second Quarter 2025 Financial Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--$TWO #TWO--TWO (Two Harbors Investment Corp, NYSE: TWO), an MSR-focused REIT, announced today that it will release financial results for the quarter ended June 30, 2025 after market close on July 28, 2025. The company will host a conference call and live webcast to review the financial results on July 29, 2025 at 9:00 a.m. ET.
Webcast Details
The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoinv.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends.
Teleconference Details
To participate in the call via teleconference, please call toll-free (888) 394-8218 approximately 10 minutes prior to the above start time and provide the Conference Code 3889089.
About TWO
TWO (Two Harbors Investment Corp., NYSE: TWO), a Maryland corporation, is a real estate investment trust that invests in mortgage servicing rights, res...
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02.07.25 - 00:21
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XFRA: DIVIDEND/INTEREST INFORMATION - 03.07.2025 - EQUBF_01 (XETRA)
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Das Instrument 2H2 US90187B8046 TWO HARBORS INV. DL-,0001 EQUITY wird cum Dividende/Zinsen gehandelt am 02.07.2025 und ex Dividende/Zinsen am 03.07.2025
The instrument 2H2 US90187B8046 TWO HARBORS INV. DL-,0001 EQUITY has its pre-dividend/interest day on 02.07.2025 and its ex-dividend/interest day on 03.07.2025...
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18.06.25 - 22:18
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TWO Announces Second Quarter 2025 Common and Preferred Stock Dividends (Business Wire)
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NEW YORK--(BUSINESS WIRE)--$two #TWO--TWO (Two Harbors Investment Corp, NYSE: TWO), an MSR-focused REIT, today declared a dividend of $0.39 per share of common stock for the second quarter of 2025. The second quarter dividend is payable on July 29, 2025 to common stockholders of record at the close of business on July 3, 2025. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment.
“The 13% reduction in the dividend this quarter is consistent with the reduction in our book value resulting from the contingency accrual of $198.9 million that we have deemed probable and estimable in connection with the ongoing litigation related to our internalization in 2020. The reduced dividend reflects our projected static returns in future quarters as we adjust our portfolio in light of this accrual,” stated Bill Greenberg, TWO's President and Chief Executive Officer. “W...
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