Supporting Shareholders through Changes: Two Harbors Inv Ensures Stable Distribution amidst Decreased Profits
By the end of today, January 29, 2024, Two Harbors Inv (NYSE:TWO) is set to deliver a dividend payout of $0.45 per share, equating to an annualized dividend yield of 12.54%. The company's dividend payout went ex-dividend on January 11, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Two Harbors Inv Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-11 | 4 | $0.45 | 12.54% | 2023-12-18 | 2024-01-12 | 2024-01-29 |
| 2023-10-02 | 4 | $0.45 | 12.86% | 2023-09-19 | 2023-10-03 | 2023-10-27 |
| 2023-07-03 | 4 | $0.45 | 13.01% | 2023-06-21 | 2023-07-05 | 2023-07-28 |
| 2023-04-03 | 4 | $0.6 | 17.45% | 2023-03-23 | 2023-04-04 | 2023-04-28 |
| 2023-01-04 | 4 | $0.6 | 15.04% | 2022-12-19 | 2023-01-05 | 2023-01-27 |
| 2022-09-30 | 4 | $0.17 | 14.17% | 2022-09-21 | 2022-10-03 | 2022-10-28 |
| 2022-07-01 | 4 | $0.17 | 14.72% | 2022-06-22 | 2022-07-05 | 2022-07-29 |
| 2022-04-01 | 4 | $0.17 | 12.64% | 2022-03-23 | 2022-04-04 | 2022-04-29 |
| 2021-12-28 | 4 | $0.17 | 11.47% | 2021-12-16 | 2021-12-29 | 2022-01-28 |
| 2021-09-30 | 4 | $0.17 | 10.56% | 2021-09-21 | 2021-10-01 | 2021-10-29 |
| 2021-06-28 | 4 | $0.17 | 9.07% | 2021-06-17 | 2021-06-29 | 2021-07-29 |
| 2021-03-26 | 4 | $0.17 | 8.81% | 2021-03-18 | 2021-03-29 | 2021-04-29 |
In terms of dividend yield, Two Harbors Inv finds itself in the middle ground among its industry peers, while Invesco Mortgage Capital (NYSE:IVR) takes the lead with the highest annualized dividend yield at 17.41%.
Analyzing Two Harbors Inv Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $0.50 to $1.95. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Two Harbors Inv
Investors can observe a decrease in Two Harbors Inv's earnings per share from $2.92 in 2020 to $0.30 in 2023. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.
Recap
This article delves into the recent dividend payout of Two Harbors Inv and its implications for shareholders. Presently, the company is distributing a dividend of $0.45 per share, leading to an annualized dividend yield of 12.54%.
In terms of dividend yield, Two Harbors Inv finds itself in the middle ground among its industry peers, while Invesco Mortgage Capital takes the lead with the highest annualized dividend yield at 17.41%.
The increase in dividend per share from 2020 to 2023 combined with a decrease in earnings per share for Two Harbors Inv suggests a strategic decision to prioritize shareholder returns over earnings growth.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.