TWO-PC Two Harbors Investment Corp. — dividend yield, history & ex-dividend dates
Two Harbors Investment Corp. actively acquires, funds, and oversees a portfolio of financial assets in the United States, operating through its RoundPoint platform. Its primary holdings include mortgage servicing rights (MSRs) and agency-guaranteed residential mortgage-backed securities (RMBS). The firm's target investments consist of agency RMBS collateralized by fixed-rate, adjustable-rate, or hybrid mortgage loans, as well as derivatives. It further diversifies into other financial and mortgage-linked assets, such as non-agency securities and non-hedging transactions. Functioning as a Real Estate Investment Trust (REIT) for federal income tax purposes, the company is required by law to disburse at least 90% of its annual taxable profits to its stockholders. Two Harbors Investment Corp. was founded in 2009 and maintains its corporate headquarters in St. Louis Park, Minnesota.
Dividend Snapshot
Key Metrics
Current Yield
8.92%
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
$2.2605
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
Q Quarterly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
-
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
76
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
$23.37 – $25.51
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
n/a
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.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
0.61
Price-to-book ratio: share price divided by 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
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
TWO-PC's dividend yield fell from 8.99% to 8.92% over the past ~90 days (-0.07 pp). Of that move, +0.10 pp came from changes in the dividend rate and -0.17 pp from the share price ($24.87 → $25.34). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 326 daily observations over the past 15 months, TWO-PC's current yield is higher than approximately 2% of them. Our stored price history for TWO-PC covers the past 15 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 |
|---|---|---|---|---|---|
| $0.5651 Q | Regular | - | Jul 10, 2026 | Jul 10, 2026 | Jul 27, 2026 |
| $0.5590 Q | Regular | - | Apr 10, 2026 | Apr 10, 2026 | Apr 27, 2026 |
| $0.5834 Q | Regular | - | Jan 12, 2026 | Jan 12, 2026 | Jan 27, 2026 |
| $0.6125 Q | Regular | - | Oct 10, 2025 | Oct 10, 2025 | Oct 27, 2025 |
| $0.6037 Q | Regular | - | Jul 11, 2025 | Jul 11, 2025 | Jul 28, 2025 |
| $0.5983 Q | Regular | - | Apr 11, 2025 | Apr 11, 2025 | Apr 28, 2025 |
| $0.4531 Q | Regular | - | Jan 10, 2025 | Jan 10, 2025 | Jan 27, 2025 |
| $0.4531 Q | Regular | - | Oct 11, 2024 | Oct 11, 2024 | Oct 28, 2024 |
| $0.4531 Q | Regular | - | Jul 12, 2024 | Jul 12, 2024 | Jul 29, 2024 |
| $0.4531 Q | Regular | - | Apr 11, 2024 | Apr 12, 2024 | Apr 29, 2024 |
| $0.4531 Q | Regular | - | Jan 11, 2024 | Jan 12, 2024 | Jan 26, 2024 |
| $0.4531 Q | Regular | - | Oct 11, 2023 | Oct 12, 2023 | Oct 27, 2023 |
| $0.4531 Q | Regular | - | Jul 11, 2023 | Jul 12, 2023 | Jul 27, 2023 |
| $0.4531 Q | Regular | - | Apr 11, 2023 | Apr 12, 2023 | Apr 27, 2023 |
| $0.4531 Q | Regular | - | Jan 11, 2023 | Jan 12, 2023 | Jan 27, 2023 |
| $0.4531 Q | Regular | - | Oct 11, 2022 | Oct 12, 2022 | Oct 27, 2022 |
| $0.4531 Q | Regular | - | Jul 11, 2022 | Jul 12, 2022 | Jul 27, 2022 |
| $0.4531 Q | Regular | - | Apr 11, 2022 | Apr 12, 2022 | Apr 27, 2022 |
| $0.4531 Q | Regular | - | Jan 11, 2022 | Jan 12, 2022 | Jan 27, 2022 |
| $0.4531 Q | Regular | - | Oct 12, 2021 | Oct 13, 2021 | Oct 27, 2021 |
| $0.4531 Q | Regular | - | Jul 09, 2021 | Jul 12, 2021 | Jul 27, 2021 |
| $0.4531 Q | Regular | - | Apr 09, 2021 | Apr 12, 2021 | Apr 27, 2021 |
| $0.4531 Q | Regular | - | Jan 11, 2021 | Jan 12, 2021 | Jan 27, 2021 |
| $0.4531 Q | Regular | - | Oct 08, 2020 | Oct 12, 2020 | Oct 27, 2020 |
| $0.4531 Q | Regular | - | Jul 09, 2020 | Jul 10, 2020 | Jul 27, 2020 |
| $0.4531 Q | Regular | - | Apr 15, 2020 | Apr 16, 2020 | Apr 29, 2020 |
| $0.4531 Q | Regular | - | Jan 09, 2020 | Jan 10, 2020 | Jan 27, 2020 |
| $0.4531 Q | Regular | - | Oct 10, 2019 | Oct 11, 2019 | Oct 28, 2019 |
| $0.4531 Q | Regular | - | Jul 11, 2019 | Jul 12, 2019 | Jul 29, 2019 |
| $0.4531 Q | Regular | - | Apr 11, 2019 | Apr 12, 2019 | Apr 29, 2019 |
| $0.4531 Q | Regular | - | Jan 10, 2019 | Jan 11, 2019 | Jan 28, 2019 |
| $0.4531 Q | Regular | - | Oct 11, 2018 | Oct 12, 2018 | Oct 29, 2018 |
| $0.4531 Q | Regular | - | Jul 11, 2018 | Jul 12, 2018 | Jul 27, 2018 |
| $0.4531 Q | Regular | - | Apr 11, 2018 | Apr 12, 2018 | Apr 27, 2018 |
| $0.3021 Q | Regular | - | Jan 11, 2018 | Jan 12, 2018 | Jan 29, 2018 |
Peer Comparison
Selected REIT - Mortgage dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| KREF | KKR Real Estate Finance Trust Inc. | 5.59% | -10.3% | 0 yrs | 60 |
| MFA | MFA Financial, Inc. | 16.82% | 2.1% | 1 yr | 55 |
| RC | Ready Capital Corporation | 2.44% | -21.6% | 0 yrs | 55 |
| LFT | Lument Finance Trust, Inc. | 2.40% | -30.8% | 0 yrs | 55 |
Related Guides & Lists
TWO-PC dividend — frequently asked questions
Does Two Harbors Investment Corp. pay a dividend?
Yes. Two Harbors Investment Corp. (TWO-PC) currently pays a dividend. The annualized dividend is about $2.26 per share, a yield of approximately 8.92%.
What is Two Harbors Investment Corp.'s dividend yield?
Two Harbors Investment Corp.'s dividend yield is approximately 8.92%, 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 Sep 13, 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.