Two Harbors Investment Corp (TWO)

[retiredtech]

Company does a Reverse Split and shorts are all over this PPS. In a .02 to .05 loop as usual. I guess until some real investors come into the stock we are stuck with brainless shorts.

[retiredtech]

Penny pinching MM's. They are keeping this, like last week, in a .02 to .03 cent loop. STUPID they are.

[retiredtech]

Would somebody PLEASE end this penny swapping game?
Boring as hell.

[JediMozart]

Dividends … nice!

[JMCK6193]

Not a bad Q2,,,,, but I'm here for the dividend in my 401k retirement account.
.17 dividend I'll take everyday and twice on Sunday folks.

[getmoreshares]

anyone still watching?????????????

[MichaelKane]

new address https://imgur.com/a/LTdqhgO

[hispstock]

I will continue to load up, when I can! $8.00 here we come!

[Newt23]

Bought TWO today.

[nadodude]

Yeah, it's going to happen, I'm ready for the ride!!

[Supermets02]

Was going to be today?... or yesterday?.... must be next week....

[nadodude]

Yes, Oversold this one is lifting off, all aboard!!

[hispstock]

REIT's are oversold! This is buy time!

[JohnCM]

Out ...

[DrChess]

Wonderful GREEN day

[BUFCARP]

This one way oversold ..

[ClayTrader]

* * $TWO Video Chart 04-08-2020 * *

Link to Video - click here to watch the technical chart video

[JohnCM]

Checking it out!

[ClayTrader]

* * $TWO Video Chart 04-07-2020 * *

Link to Video - click here to watch the technical chart video

[ksuave]

edit

[ksuave]

Can someone please explain how this rs and spinoff works? TIA

[ksuave]

Why would people sell the day before it goes x-dividend?

[cronesracing]

TWO Breakout in the future: yes or no? Your opinions are wanted. I am in and looking for your opinions.

thank you!

check MSN Money to find out more!

11/8/2013 at TheStreet.com
5 Stocks Under $10 in Breakout Territory
These under-$10 stocks are within range of triggering breakout trades.
http://www.thestreet.com/story/12119050/1/best-5-yielding-hold-rated-stocks-arr-agnc-pdm-ns-two.html?puc=msn&cm_ven=msn

11/8/2013 at TheStreet.com
5 Stocks Under $10 in Breakout Territory
These under-$10 stocks are within range of triggering breakout trades.


http://www.thestreet.com/story/12101288/3/5-stocks-under-10-in-breakout-territory.html

[ksuave]

I'll be converting the dividend into more shares.

[rowdyhowdy]

Plunge seems to be over. Ratings are hold or buy.

[ksuave]

Quite the ongoing plunge on TWO. Any opinions on how low it will go, and why?

[kentonmag1]

Seriously looking at TWO again, it's a screaming buy after todays drop.
Historically, TWO traded below $8 for a short time in 2010 and going back to pre-crash and higher interest time in 2008 it was close to averaging $9.
Yield is starting to push 13% again so looking to free up some funds and make the plunge.
REITS have been way oversold if you look at their share prices going back prior to 2008/9 crash when the interest rates were much higher.

[eastunder]

Div announced:

Two Harbors Investment Corp. (NYSE: TWO; NYSE MKT: TWO.WS) today declared a quarterly dividend of $0.31 per share of common stock for the second quarter of 2013. This dividend is payable on July 23, 2013 to common stockholders of record at the close of business on June 28, 2013

http://ih.advfn.com/p.php?pid=nmona&article=57988325&symbol=TWO

Amount    Ex-Div Date    Record Date    Pay Date    Declare Date  
  
 $0.31    6/26/2013      6/28/2013      7/23/2013   6/13/2013 

http://www.dividend.com/dividend-stocks/uncategorized/other/two-two-harbors-investment-corp/

[eastunder]

You're welcome.

I lack a lot of knowledge... but one thing I am good at is tracking dividends on the positions I own. ;)

I'll post it on the board when I see it.

Good luck and welcome to dividends.

[redrain]

Thanks a lot for your time and effort. This is helpful.

[eastunder]

Good Morning!

Last year they declared their dividend on the 12th, so more than likely we will see a number soon.

I always keep an eye on dividend .com for that info.

Here's the one for TWO - but you can change the symbol to any other div stock you want to look up by using the search feature at the top, to the right of the Dividend.com logo.

http://www.dividend.com/dividend-stocks/uncategorized/other/two-two-harbors-investment-corp/

On this site you will be given the following:

The dividend amount per share

The Ex Dividend Date: You must purchase the stock, at latest, the day before this date to get your dividend. If you buy on the ex dividend date you will not be on record as a shareholder by the record date because of the settlement time period.

The Record Date: The date the company looks to see who qualifies for the dividend by being a shareholder on record.

The Pay Date: The day they pay the dividend.

Declare Date: The date they declared they will pay a div

Qualified: Whether it's a qualified dividend or not. (Qualified divs are at the lower tax rate.

Type: Regular dividend or a special dividend.

[redrain]

When should we expect the new exdividend date and paydate
as second quarter is coming to a close? I'm new to dividend
stocks. Thanks.

[eastunder]

Two Harbors Investment Corp. Announces Tax Basis Information for the Distribution of Silver Bay Realty Trust Corp. Common Stock

April 29, 2013 7:28 AM EDT

http://www.streetinsider.com/Press+Releases/Two+Harbors+Investment+Corp.+Announces+Tax+Basis+Information+for+the+Distribution+of+Silver+Bay+Realty+Trust+Corp.+Common+Stock/8284235.html


NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO; NYSE MKT: TWO.WS) today announced information concerning the special dividend distribution of Silver Bay Realty Trust Corp. (“Silver Bay”) common stock. On April 24, 2013, the company distributed (the “Distribution”) on a pro rata basis its shares of Silver Bay common stock to the Two Harbors’ stockholders of record as of the close of business on April 2, 2013 (the “Record Date”). Based on the shares outstanding on the Record Date, stockholders were entitled to receive 0.048825853 shares of Silver Bay common stock for each share of Two Harbors common stock held on that date.

Tax Treatment of the Distribution

Two Harbors intends to report the Distribution of Silver Bay common stock as a dividend distribution for U.S. federal income tax purposes. Stockholders will be treated as receiving a dividend distribution equal to the fair market value of the Silver Bay common stock (and cash in lieu of fractional shares of such common stock) received in the Distribution and will take an adjusted basis, for federal income tax purposes, in such shares equal to the “fair market value” of such shares based on the market price on the date of the Distribution. For federal income tax purposes, the fair market value of the Silver Bay common stock is the closing price on April 24, 2013, which was $19.40 per share.

The company intends to distribute cash in 2013 that is equal to its current and accumulated earnings and profits through December 31, 2013 (which includes the company’s annual 2013 taxable income), in addition to the distribution of Silver Bay common stock. We expect that the cumulative quarterly 2013 distributions of cash and Silver Bay common stock that are in excess of the current and accumulated earnings and profit will be treated as a “nondividend distribution” for U.S. federal income tax purposes, which will have the effect of reducing the basis of a stockholder’s shares of Two Harbors common stock. If a stockholder has fully recovered his, her or its basis in their Two Harbors common stock, a nondividend distribution may be treated as a capital gain.

We expect that each quarterly distribution during 2013 will be characterized for tax purposes as having the same percentage allocation that is designated as ordinary, capital gain, and nondividend distribution. The percentage allocation is based on the total cash and the fair market value of property distributed relative to the annual 2013 taxable income. Therefore, the nondividend distribution component will be allocated on a Form 1099 for federal income tax purposes to each dividend paid during 2013.

Consult Your Tax Advisor

The tax laws require stockholders to retain records with respect to the Distribution, including information regarding the amount, basis and fair market value relating to the Silver Bay common stock distributed. Stockholders may have additional reporting obligations to the Internal Revenue Service and/or other tax authorities.

The U.S. federal income tax treatment of holding Two Harbors common stock to any particular stockholder will depend on the stockholder’s particular tax circumstances. You are urged to consult your tax advisor regarding the U.S. federal, state, local and foreign income and other tax consequences to you, in light of your particular investment or tax circumstances, of acquiring, holding and disposing of Two Harbors common stock.

Two Harbors Investment Corp.

Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, residential mortgage loans and other financial assets. Two Harbors is headquartered in Minnetonka, Minnesota, and is externally managed and advised by PRCM Advisers LLC, a wholly-owned subsidiary of Pine River Capital Management L.P. Additional information is available at www.twoharborsinvestment.com.

[eastunder]

TWO

[kentonmag1]

The next earnings call is 8th May for the 1st quarter of this year. I think the share price could go down to below $11 and I'm hoping maybe $10.50 as the shorts push the price down. I think it could trade in a narrow range between now and then.
The dividend was fairly constant for 2 years at 40 cents each quarter but after last years 30 million new shares came on stream the dividends went to 36c, and the current divi is for 32c. There was a 55c dividend inbetween but this was a special dividend tied to their holdings in SBY and shouldn't be part of the calculation for future divi's going forward.
The earnings of the Company are increasing all the time but now the divi has to be spread around 57 million more shares then the EPS drops and so does the cash pool also has to be spread out for dividend payouts per share. It's to early for the investment to start showing much of a return during this quarter.
My hope is they will get this new money working for them during the 2nd quarter and if so the chances are they could then begin to raise the dividend again which will get people back on board.

[ksuave]

You were indeed spot-on in your call last week. So, you're saying that TWO will hit a low following the next 10Q? Where are you expecting that to be, if I may ask?

[kentonmag1]

Well TWO is doing everything I thought it would and more, justifying my decision to get out the day before the Ex dividend and SBY share allotment.
At close today it's down $1.85 from my sell price and there is still more bad news to come. As mentioned 3 posts ago the next EPS will be hit badly due to the 57 million newly issued shares this will also dilute the next dividend as this new money has not had a chance to show a return on investment. My guess is a dividend from 25 - 27 cents per share for the next quarter, this will go down very badly with the investors that have only been in short term and I can see a sell off for both the afformentioned announcements.
For me the bad news stops after that and another big buying opportunity is on the cards. For me right after the dividend announcement could be the best time to buy back in.
As someone who had been in TWO for quite a while I can tell you that its a very well run Company and this current situation is "in my opinion" a short term correction, that is creating a great opportunity to make even more money.

[kentonmag1]

SBY doesn't fit into my investing plans and getting approximately 1 SBY share for each 20 TWO shares held doesn't make them worth my while so I'd rather have the value in SBY by selling TWO prior to the handout. I also didn't want to get the dividend as I was in the TWO DRIP so would have received more shares in TWO rather than a cash pay out for the dividend.

[dav1234]

Nice post..trying to decide if I should take some more off

[kentonmag1]

Well finally cashed out on TWO today, reasons are as follows:
1) Goes Ex dividend tomorrow so a drop of 32 cent's is on the cards.
2) The passing of the Silver Bay Realty (SBY) shares on to TWO shareholders, happens on the 2nd April. This effectively takes 95 cents per share out of TWO and will be reflected in the share price, so that puts us down around $1.27 from todays price.
3) Two issued 57 million new shares last week which basically increases the amount of shares by close to 17%. This will have a huge effect on the "next" earnings per share figure, as this new money won't start showing a return by then, which will have a huge hit on the Companys ability to pay a dividend close to tomorrows 32 cents per share. That in itself will hit the share price and I know from various web sites I'm on that the number of investers shorting TWO has increased.

On the bright side I believe beyond the next earnings announcement TWO becomes a buy again and I think a figure of around $10 - $10.50 could be where the price goes within the next 9 to 10 weeks. My money is going to wait for that, if it doesn't go there and I don't get back in it's been a great ride, wish all my picks turned out to be as profitable.

[kentonmag1]

TWO dividend dropped to 32 cents per share yesterday paid to holders as of 2nd April.
Also special dividend with distribution of SBY shares to all TWO shareholders. TWO will divest themselves of 17,824,647 shares in SBY to all their shareholders. The number of TWO shares currently stands at 300,722,420 so by dividing the number of TWO shares into the SBY shares each TWO share will get .05927 shares in SBY. If you own 1,000 shares in TWO you will get 59 shares in SBY (current share price $19.27) as it will be rounded down to the nearest full share. This means the value of this special dividend on 1,000 TWO shares is $1,136.93 at todays SBY price or $1.13693 per TWO share.
Add the 32 cents regular dividend and the distibution for this quarter is $1.45 per share.
TWO also announced another 50,000,000 share brokered fianancing deal, this will have a negative effect on the dividend per share yields in the future.

[kentonmag1]

What an amazing run I've had on TWO, continues to rise every day. Trying to decide whether to take profits in the short term as I have a hunch that the impending dividend is going to disappoint a few people, and hit the share price. This would create another buying opportunity as the longterm view is still very positive.

[kentonmag1]

https://us.etrade.com/e/t/estation/glossaryterm?id=1033

I googled this link from Etrade regarding setting up a DRIP, hope it helps. I'm in a brokerage house so my advisor set it up.

[carl2591]

Was interested in drips.. how do you go about setting one up in roth IRA account.. i currently trade with e-trade.

thanks

[kentonmag1]

Not sure how the market will react to the latest figures as they came in 5 cents below the expected 33 cents. However since TWO spun off the IPO into Silver Bay (SBY) I doubt the 33 cents target is a valid figure anymore.

[kentonmag1]

Hit a new high of $12.24 yesterday and closing at $12.21. The 55 cent per share dividend is paid out in 2 days and like me, a lot of people will be reinvesting the dividend through the DRIP. Price should continue to rise this week.

[phillipbfx]

Does anyone know anything about their warrants? (TWO.WS)
I can't seem to find anything on them, more specially something like a conversion rate.
Any idea?

[carl2591]

$two, whats with the large after hrs transactions.. one at 16:00- 103700 at 11.51, and two more at 16:32 for 12500 each at 11.51.. someone dumping after hrs.??

[kentonmag1]

TWO has recovered most of the pre ex dividend stock value in 4 trading days. Looks like being another interesting and rewarding year.