Two Harbors Investment's Series B Preferred Stock Shares Cross 7% Yield Mark
December 20, 2019 at 14:12 PM EST
In trading on Friday, shares of Two Harbors Investment Corp's 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (TWO. RB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.9062), with shares changing hands as low as $27.15 on the day.