TWO ((Two Harbors Investment Corp, NYSE:TWO), an MSR-focused REIT, today declared a dividend of $0.45 per share of common stock for the first quarter of 2025. The first quarter dividend is payable on April 29, 2025 to common stockholders of record at the close of business on April 4, 2025. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment.

TWO also declared today the following preferred stock dividends for the first quarter of 2025:

Series of Preferred Stock	Ticker	Per Annum Dividend Rate	Dividend Per Share
8.125% Series A Cumulative Redeemable Preferred Stock	TWO.PRA	8.125%	$0.50781
7.625% Series B Cumulative Redeemable Preferred Stock	TWO.PRB	7.625%	$0.47656
7.25% Series C Cumulative Redeemable Preferred Stock	TWO.PRC	9.57245%⁽¹⁾	$0.59828

(1) The Series C Cumulative Redeemable Preferred Stock accrue dividends at a floating rate, as determined on each dividend determination date, equal to the Three-Month CME Term SOFR plus 0.26161% plus 5.011%.

The Series A, Series B and Series C preferred dividends are payable on April 28, 2025 to the applicable preferred stockholders of record at the close of business on April 11, 2025.

About TWO

TWO ((Two Harbors Investment Corp., NYSE:TWO), a Maryland corporation, is a real estate investment trust that invests in mortgage servicing rights, residential mortgage-backed securities and other financial assets. TWO is headquartered in St. Louis Park, MN.

Additional Information

Stockholders of TWO and other interested persons may find additional information regarding the company at www.twoinv.com, at the Securities and Exchange Commission's internet site at www.sec.gov or by directing requests to: TWO, 1601 Utica Avenue South, Suite 900, St. Louis Park, MN 55416, (612) 453-4100.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250319420379/en/

Margaret Karr, Head of Investor Relations, TWO, (612) 453-4080, Margaret.Karr@twoinv.com