Two Harbors Investment's Series A Preferred Stock Yield Pushes Past 7.5%
December 03, 2019 at 14:15 PM EST
In trading on Tuesday, shares of Two Harbors Investment Corp's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (TWO. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.0312), with shares changing hands as low as $27.03 on the day.