---
schema_version: "secwatch.filing_event.v1"
accession: "0001465740-23-000114"
form_type: "8-K"
ticker: "TWO"
cik: "0001465740"
company_name: "TWO HARBORS INVESTMENT CORP."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:56:24.172496+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Two Harbors Q2 book value $16.39, GAAP net income $187.8M; dividend cut to $0.45

## Summary
- Book value per common share $16.39 vs $16.48 prior Q; quarterly economic return 2.2%.
- GAAP net income $187.8M ($1.94/diluted share) vs prior Q loss of $189.2M.
- core IXM earnings $0.60/share; EAD (distributable) -$0.04/share.
- Q2 dividend declared $0.45/common share, down from $0.60 in Q1.
- Repurchased 593,453 common shares at avg $11.89; settled $14.8B UPB of MSR.

## SEC filing metadata
- accession: 0001465740-23-000114
- form_type: 8-K
- ticker: TWO
- cik: 0001465740
- company_name: TWO HARBORS INVESTMENT CORP.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465740/000146574023000114/0001465740-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465740/000146574023000114/two-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001465740-23-000114
- JSON: https://secwatch.observer/filing/0001465740-23-000114.json
- Plain text: https://secwatch.observer/filing/0001465740-23-000114.txt

## Key facts
- Earnings Releases
  TWO HARBORS INVESTMENT CORP. reported financial results for the quarter ended June 30, 2023.
  - Period: the quarter ended June 30, 2023
  - Result: reported results
  source text: On July 31, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1465740/000146574023000114/0001465740-23-000114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.