---
schema_version: "secwatch.filing_event.v1"
accession: "0001465740-25-000061"
form_type: "8-K"
ticker: "TWO"
cik: "0001465740"
company_name: "TWO HARBORS INVESTMENT CORP."
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T06:43:37.820006+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Two Harbors Q4 comprehensive loss $0.03/sh; book value $14.47; dividend $0.45 flat

## Summary
- Comprehensive loss of $1.6M ($0.03/sh); GAAP net income $264.9M ($2.54/sh) on mark-to-market gains.
- Book value per share fell to $14.47 from $14.93; declared $0.45 dividend (flat q/q).
- Earnings Available for Distribution (EAD) of $21.2M ($0.20/sh), up from $13.2M in Q3.
- MSR portfolio fair value $2.99B; settled $2.5B UPB in acquisitions during Q4.
- Full year 2024 total economic return on book value of 7.0%; annualized Q4 dividend yield 15.2%.

## SEC filing metadata
- accession: 0001465740-25-000061
- form_type: 8-K
- ticker: TWO
- cik: 0001465740
- company_name: TWO HARBORS INVESTMENT CORP.
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465740/000146574025000061/0001465740-25-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465740/000146574025000061/two-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001465740-25-000061
- JSON: https://secwatch.observer/filing/0001465740-25-000061.json
- Plain text: https://secwatch.observer/filing/0001465740-25-000061.txt

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