SmarterDividends
TWO-PA

Two Harbors Investment Corp.

TWO-PA

Real Estate · Stock · quarterly payer

Forward Yield

8.23%

Annual Dividend

$2.03

Payout Ratio

5-Yr Growth

0.0%

Ex-Date

Apr 10, 2026

Frequency

Quarterly

TWO-PA Dividend Safety Score

72/ 100
Grade B

Safe

Dividend-growth streak7 consecutive years of growth
Cut historyNever cut its dividend on record
Balance-sheet strengthDebt/equity of 4.79
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TWO-PA a good dividend stock?

Yes, with caveats

Two Harbors Investment Corp. (TWO-PA) pays a quarterly dividend yielding 8.23% ($2.03/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.23%
Payout Ratio
Annual Dividend
$2.03
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Apr 10, 2026
Years of Growth
7
Frequency
quarterly
Beta
1.04
Market Cap
P/E Ratio
44.8
5-Yr Total Return
-7%
52-Week Range
$22.68 – $25.10
Dividend Safety
B · 72/100
Ever Cut?
No
TWO-PA ex-dividend date & scheduleNext ex-date Apr 10, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.03 / yr per share

Per payment (quarterly)$50.75
Annual$203.00
Monthly avg$16.92