secwatch.observer — SEC 8-K summary
======================================

Issuer:     TWO HARBORS INVESTMENT CORP. (TWO)
CIK:        0001465740
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001465740-25-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465740/000146574025000061/0001465740-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465740/000146574025000061/two-20250129.htm
  HTML page:      https://secwatch.observer/filing/0001465740-25-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer