This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dividend Paying REITs: Two Harbors

MINNETONKA, Minn. ( TheStreet) -- Shares of Two Harbors Investment (TWO - Get Report) continued to gain Tuesday after the real estate investment trust raised its quarterly dividend.

Two Harbors, which manages residential mortgage-backed securities, said Monday its board agreed to an 18.2% increase in its quarterly dividend, paying its investors 39 cents per share. This dividend will be payable Oct. 21 to common stockholders of record at the close of business on Sept. 30.

Two Harbor's shares jumped 3.4% on Monday, and rose another 0.9% in morning trading Tuesday.

>>18 Dividend Stocks Increasing Payouts

Elsewhere in dividend-paying REIT stocks, Alexandria Real Estate Equities (ARE - Get Report) maintained its quarterly cash dividend of 35 cents per share of its common stock for the third quarter of 2010.

Agree Realty (ADC - Get Report) maintained its dividend of 51 cents per share, Equity Residential (EQR - Get Report) maintained its quarterly payout of 33.75 cents per share, and Associated Estates Realty (AEC) maintained its quarterly dividend of 17 cents per share.

The NFJ Dividend, Interest & Premium Strategy Fund (NFJ), a closed-end management company that invests in dividend-paying common stocks and income-producing convertible securities, maintained its quarterly dividend of 15 cents per share.

Elsewhere in REITs, ratings agency Moody's Investor Services upgraded real-estate investment trust Omega Healthcare Investors (OHI - Get Report), citing its increased size, improved tenant diversification and maintenance of a conservative capital structure.

-- Written by Miriam Marcus Reimer in New York.

>To contact the writer of this article, click here: Miriam Reimer.

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

Readers Also Like:

>>See our new stock quote page.

Get more stock ideas and investing advice on our sister site,
Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AEC $0.00 0.00%
ADC $36.67 0.00%
ARE $71.85 0.00%
EQR $71.29 0.00%
NFJ $10.89 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs