Company: TWO-PC
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001465740-25-000140
Chunk: 97

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 97
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 a reconciliation of the common shares outstanding for the three and six months ended June 30, 2025 and 2024:Three Months EndedSix Months EndedJune 30,June 30,2025202420252024Common shares outstanding, beginning of period104,025,096 103,474,944 103,680,321 103,206,457 Issuance of common stock5,692 3,967 12,218 8,025 Non-cash equity award compensation (1) 101,665 143,328 439,914 407,757 Common shares outstanding, end of period104,132,453 103,622,239 104,132,453 103,622,239 ___________________(1)See Note 16 - Equity Incentive Plans for further details regarding the Company’s equity incentive plans.

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Table of ContentsTWO HARBORS INVESTMENT CORP.Notes to the Consolidated Financial Statements (unaudited)

Distributions to StockholdersThe following table presents cash dividends declared by the Company on its preferred and common stock during the three and six months ended June 30, 2025 and 2024:Three Months EndedSix Months EndedJune 30,June 30,(in thousands, except per share amounts)2025202420252024Class of StockAmountPer ShareAmountPer ShareAmountPer ShareAmountPer ShareSeries A Preferred Stock$2,564 $0.51 $2,564 $0.51 $5,129 $1.02 $5,129 $1.02 Series B Preferred Stock$4,842 $0.48 $4,842 $0.48 $9,683 $0.96 $9,683 $0.96 Series C Preferred Stock$5,833 $0.60 $4,378 $0.45 $11,613 $1.20 $8,756 $0.90 Common Stock$40,956 $0.39 $46,945 $0.45 $88,212 $0.84 $94,026 $0.90 Dividend Reinvestment and Direct Stock Purchase PlanThe Company sponsors a dividend reinvestment and direct stock purchase plan through which stockholders may purchase additional shares of the Company’s common stock by reinvesting some or all of the