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TWO-PB Two Harbors Investment Corp. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Real Estate / REIT - Mortgage

$25.32 ▲ $0.02(0.08%) as of Oct 30, 2026 06:20 UTC
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Two Harbors Investment Corp. functions as a real estate investment trust (REIT), primarily involved in the acquisition, funding, and oversight of diverse mortgage-related and financial instruments throughout the United States. These assets broadly encompass residential mortgage-backed securities (RMBS), non-agency securities, and mortgage servicing rights. Specifically, the company targets agency RMBS collateralized by fixed-rate, adjustable-rate, and hybrid adjustable-rate mortgage loans. Its broader holdings also extend to various other financial and mortgage-linked assets, such as non-hedging transactions. Having qualified as a REIT for federal income tax purposes, the company is legally obligated to disburse a minimum of 90% of its yearly taxable earnings to its shareholders. Formed in 2009, Two Harbors Investment Corp. maintains its corporate headquarters in Minnetonka, Minnesota.

Dividend Snapshot

StatusFlat
Last Dividend$0.4766Paid Jul 27, 2026
Forward Annual$1.43Regular dividends paid over the last 12 months
FrequencyQuarterly
Last Ex-DateJul 10, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth0.0%Annual totals, 2024–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

Not Rated

scores apply to common shares

Dividend Growth Score

Not Rated

scores apply to common shares

Dividend Value Score

Not Rated

scores apply to common shares

DividendRank

Not Rated

Safety Score not rated (scores apply to common shares)

Key Metrics

Current Yield

5.65%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$1.4297

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

77

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$22.20 – $25.42

Closes through Sep 29, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (FY2025)

n/a

Fiscal year to Dec 31, 2025

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

8

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (FY2025)

0.61

At fiscal year-end, Dec 31, 2025

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score not rated, yield 5.65%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
8 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
VolumeN/AHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$25.32Sep 29, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$25.32 – $25.32Sep 29, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$25.32Close of Sep 28, 2026The closing price from the session before the one dated beside these figures.
Market Cap$2.66BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out105.14MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (FY2025)$-4.36Fiscal year to Dec 31, 2025Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (FY2025)-2.4At fiscal year-end, Dec 31, 2025Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateJul 10, 2026Paid Jul 27, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)0.0%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)0.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

TWO-PB's dividend yield fell from 7.62% to 5.65% over the past ~90 days (-1.97 pp). Of that move, -1.88 pp came from changes in the dividend rate and -0.09 pp from the share price ($25.02 on Aug 03, 2026 → $25.32 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current5.65%
1-Yr Average9.29%
Low / High7.61% – 10.73%
Percentile0%

Across 254 daily observations over the past 12 months (through Sep 29, 2026), TWO-PB's current yield is higher than approximately 0% of them. Our stored price history for TWO-PB covers the past 12 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.4766 Q Regular N/A Jul 10, 2026 Jul 10, 2026 Jul 27, 2026
$0.4766 Q Regular N/A Apr 10, 2026 Apr 10, 2026 Apr 27, 2026
$0.4766 Q Regular N/A Jan 12, 2026 Jan 12, 2026 Jan 27, 2026
$0.4766 Q Regular N/A Oct 10, 2025 Oct 10, 2025 Oct 27, 2025
$0.4766 Q Regular N/A Jul 11, 2025 Jul 11, 2025 Jul 28, 2025
$0.4766 Q Regular N/A Apr 11, 2025 Apr 11, 2025 Apr 28, 2025
$0.4766 Q Regular N/A Jan 10, 2025 Jan 10, 2025 Jan 27, 2025
$0.4766 Q Regular N/A Oct 11, 2024 Oct 11, 2024 Oct 28, 2024
$0.4766 Q Regular N/A Jul 12, 2024 Jul 12, 2024 Jul 29, 2024
$0.4766 Q Regular N/A Apr 11, 2024 Apr 12, 2024 Apr 29, 2024
$0.4766 Q Regular N/A Jan 11, 2024 Jan 12, 2024 Jan 26, 2024
$0.4766 Q Regular N/A Oct 11, 2023 Oct 12, 2023 Oct 27, 2023
$0.4766 Q Regular N/A Jul 11, 2023 Jul 12, 2023 Jul 27, 2023
$0.4766 Q Regular N/A Apr 11, 2023 Apr 12, 2023 Apr 27, 2023
$0.4766 Q Regular N/A Jan 11, 2023 Jan 12, 2023 Jan 27, 2023
$0.4766 Q Regular N/A Oct 11, 2022 Oct 12, 2022 Oct 27, 2022
$0.4766 Q Regular N/A Jul 11, 2022 Jul 12, 2022 Jul 27, 2022
$0.4766 Q Regular N/A Apr 11, 2022 Apr 12, 2022 Apr 27, 2022
$0.4766 Q Regular N/A Jan 11, 2022 Jan 12, 2022 Jan 27, 2022
$0.4766 Q Regular N/A Oct 12, 2021 Oct 13, 2021 Oct 27, 2021
$0.4766 Q Regular N/A Jul 09, 2021 Jul 12, 2021 Jul 27, 2021
$0.4766 Q Regular N/A Apr 09, 2021 Apr 12, 2021 Apr 27, 2021
$0.4766 Q Regular N/A Jan 11, 2021 Jan 12, 2021 Jan 27, 2021
$0.4766 Q Regular N/A Oct 08, 2020 Oct 12, 2020 Oct 27, 2020
$0.4766 Q Regular N/A Jul 09, 2020 Jul 10, 2020 Jul 27, 2020
$0.4766 Q Regular N/A Apr 15, 2020 Apr 16, 2020 Apr 29, 2020
$0.4766 Q Regular N/A Jan 09, 2020 Jan 10, 2020 Jan 27, 2020
$0.4766 Q Regular N/A Oct 10, 2019 Oct 11, 2019 Oct 28, 2019
$0.4766 Q Regular N/A Jul 11, 2019 Jul 12, 2019 Jul 29, 2019
$0.4766 Q Regular N/A Apr 11, 2019 Apr 12, 2019 Apr 29, 2019
$0.4766 Q Regular N/A Jan 10, 2019 Jan 11, 2019 Jan 28, 2019
$0.4766 Q Regular N/A Oct 11, 2018 Oct 12, 2018 Oct 29, 2018
$0.4766 Q Regular N/A Jul 11, 2018 Jul 12, 2018 Jul 27, 2018
$0.4766 Q Regular N/A Apr 11, 2018 Apr 12, 2018 Apr 27, 2018
$0.4766 Q Regular N/A Jan 11, 2018 Jan 12, 2018 Jan 29, 2018
$0.5189 Q Regular N/A Oct 11, 2017 Oct 12, 2017 Oct 27, 2017

Peer Comparison

Selected REIT - Mortgage dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
MITT TPG Mortgage Investment Trust Inc 16.84% N/A 2 yrs 70
EFC Ellington Financial Inc. 13.19% 4.4% 0 yrs 69
FBRT Franklin BSP Realty Trust, Inc. 12.99% N/A 0 yrs 65
ADAM Adamas Trust, Inc. 16.71% N/A 1 yr 64

TWO-PB dividend — frequently asked questions

Does Two Harbors Investment Corp. pay a dividend?

Yes. Two Harbors Investment Corp. (TWO-PB) currently pays a dividend. The annualized dividend is about $1.43 per share, a yield of approximately 5.65%.

What is Two Harbors Investment Corp.'s dividend yield?

Two Harbors Investment Corp.'s dividend yield is approximately 5.65%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Two Harbors Investment Corp. pay dividends?

Two Harbors Investment Corp. pays dividends quarterly — 4 times per year.

How long has Two Harbors Investment Corp. paid dividends?

Two Harbors Investment Corp. has 8 years of dividend payments on record.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.