In trading on Monday, shares of Two Harbors Investment Corp's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: TWO.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0312), with shares changing hands as low as $23.84 on the day. This compares to an average yield of 7.92% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, TWO.PRA was trading at a 3.32% discount to its liquidation preference amount, versus the average discount of 12.44% in the "Real Estate" category.
Institutional Holders of RSSE
SHI YTD Return
The chart below shows the one year performance of TWO.PRA shares, versus TWO:
Below is a dividend history chart for TWO.PRA, showing historical dividend payments on Two Harbors Investment Corp's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock:
In Monday trading, Two Harbors Investment Corp's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: TWO.PRA) is currently down about 1.3% on the day, while the common shares (Symbol: TWO) are down about 1.2%.
Also see:
XMPT market cap history Institutional Holders of RSSE
SHI YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
