Two Harbors Investment Corp. (NYSE: TWO), an MSR +
Agency RMBS real estate investment trust, announced today the tax
treatment of the company’s common stock and preferred stock
dividends declared in 2023. This information is provided to assist
stockholders with tax reporting requirements related to dividend
distribution of taxable income by Two Harbors. Stockholders should
review the 2023 tax statements received from their brokerage firms
or other institutions to ensure that the statements agree with the
information provided below. Additionally, as each stockholder’s tax
situation may be different, stockholders are encouraged to consult
with their own professional tax advisor with respect to their
individual tax consequences.
Tax Treatment of the Common and Preferred
Distributions
Two Harbors is required to report the portion of its 2023
dividends that are treated as excess inclusion income for federal
income tax purposes. No portion of the company’s 2023 dividend
distributions are expected to consist of excess inclusion income,
which may be treated as unrelated business taxable income (UBTI)
and subject to special tax reporting for certain tax-exempt
investors.
The company declared dividends with respect to its common stock
and Series A, Series B and Series C preferred shares on December
19, 2022. The record date for the company’s common stock
distribution was January 5, 2023, and the record date for the
company’s Series A, Series B and Series C preferred distributions
was January 12, 2023. Accordingly, these common and preferred
distributions were treated as 2023 distributions for tax purposes
and reported on the 2023 Form 1099-DIV. In addition, the company
declared dividends with respect to its common stock and Series A,
Series B and Series C preferred shares on December 18, 2023, with a
record date of January 12, 2024. Accordingly, these common and
preferred distributions will be treated as 2024 distributions for
tax purposes and reported on the 2024 Form 1099-DIV.
Distributions for Two Harbors Investment Corp.
The federal income tax classification of the Two Harbors’ 2023
common and preferred stock distributions as it is expected to be
reported on Form 1099-DIV is set forth in the following tables.
2023 FORM 1099-DIV – Common
Stock
Box 1a Total
Box 1b Total
Box 2a Total
Box 3 Total
Box 5 Total
Distribution Type
Declaration Date
Record Date
Payable Date
2023 Total Distribution Per
Share
Adjustments
2023 Ordinary
Dividends
2023 Qualified
Dividends(1)
2023 Capital Gain
Distributions
2023 Nondividend
Distributions
Section 199A
Dividends(2)
Cash
12/19/2022
1/5/2023
1/27/2023
$0.600000
$0.000000
$0.600000
$0.158958
$0.000000
$0.000000
$0.441042
Cash
3/23/2023
4/4/2023
4/28/2023
$0.600000
$0.000000
$0.600000
$0.158958
$0.000000
$0.000000
$0.441042
Cash
6/21/2023
7/5/2023
7/28/2023
$0.450000
$0.000000
$0.450000
$0.119218
$0.000000
$0.000000
$0.330782
Cash
9/19/2023
10/3/2023
10/27/2023
$0.450000
$0.000000
$0.450000
$0.119218
$0.000000
$0.000000
$0.330782
Totals
$2.100000
$0.000000
$2.100000
$0.556352
$0.000000
$0.000000
$1.543648
(1) - Qualified Dividends shows the
portion of the amount in Box 1a that may be eligible for capital
gains tax rates
(2) - Section 199A Dividends shows
the portion of the amount in Box 1a that may be eligible for the
20% qualified business income deduction under Section 199A
2023 FORM 1099-DIV – Preferred
Series A
Box 1a Total
Box 1b Total
Box 2a Total
Box 3 Total
Box 5 Total
Distribution Type
Declaration Date
Record Date
Payable Date
2023 Total Distribution Per
Share
Adjustments
2023 Ordinary
Dividends
2023 Qualified
Dividends(1)
2023 Capital Gain
Distributions
2023 Nondividend
Distributions
Section 199A
Dividends(2)
Cash
12/19/2022
1/12/2023
1/27/2023
$0.507810
$0.000000
$0.507810
$0.134534
$0.000000
$0.000000
$0.373276
Cash
3/23/2023
4/12/2023
4/27/2023
$0.507810
$0.000000
$0.507810
$0.134534
$0.000000
$0.000000
$0.373276
Cash
6/21/2023
7/12/2023
7/27/2023
$0.507810
$0.000000
$0.507810
$0.134534
$0.000000
$0.000000
$0.373276
Cash
9/19/2023
10/12/2023
10/27/2023
$0.507810
$0.000000
$0.507810
$0.134534
$0.000000
$0.000000
$0.373276
Totals
$2.031240
$0.000000
$2.031240
$0.538136
$0.000000
$0.000000
$1.493104
(1) - Qualified Dividends shows the
portion of the amount in Box 1a that may be eligible for capital
gains tax rates
(2) - Section 199A Dividends shows the
portion of the amount in Box 1a that may be eligible for the 20%
qualified business income deduction under Section 199A
2023 FORM 1099-DIV – Preferred
Series B
Box 1a Total
Box 1b Total
Box 2a Total
Box 3 Total
Box 5 Total
Distribution Type
Declaration Date
Record Date
Payable Date
2023 Total Distribution Per
Share
Adjustments
2023 Ordinary
Dividends
2023 Qualified
Dividends(1)
2023 Capital Gain
Distributions
2023 Nondividend
Distributions
Section 199A
Dividends(2)
Cash
12/19/2022
1/12/2023
1/27/2023
$0.476560
$0.000000
$0.476560
$0.126255
$0.000000
$0.000000
$0.350305
Cash
3/23/2023
4/12/2023
4/27/2023
$0.476560
$0.000000
$0.476560
$0.126255
$0.000000
$0.000000
$0.350305
Cash
6/21/2023
7/12/2023
7/27/2023
$0.476560
$0.000000
$0.476560
$0.126255
$0.000000
$0.000000
$0.350305
Cash
9/19/2023
10/12/2023
10/27/2023
$0.476560
$0.000000
$0.476560
$0.126255
$0.000000
$0.000000
$0.350305
Totals
$1.906240
$0.000000
$1.906240
$0.505020
$0.000000
$0.000000
$1.401220
(1) - Qualified Dividends shows the
portion of the amount in Box 1a that may be eligible for capital
gains tax rates
(2) - Section 199A Dividends shows the
portion of the amount in Box 1a that may be eligible for the 20%
qualified business income deduction under Section 199A
2023 FORM 1099-DIV – Preferred
Series C
Box 1a Total
Box 1b Total
Box 2a Total
Box 3 Total
Box 5 Total
Distribution Type
Declaration Date
Record Date
Payable Date
2023 Total Distribution Per
Share
Adjustments
2023 Ordinary
Dividends
2023 Qualified
Dividends(1)
2023 Capital Gain
Distributions
2023 Nondividend
Distributions
Section 199A
Dividends(2)
Cash
12/19/2022
1/12/2023
1/27/2023
$0.453130
$0.000000
$0.453130
$0.120047
$0.000000
$0.000000
$0.333083
Cash
3/23/2023
4/12/2023
4/27/2023
$0.453130
$0.000000
$0.453130
$0.120047
$0.000000
$0.000000
$0.333083
Cash
6/21/2023
7/12/2023
7/27/2023
$0.453130
$0.000000
$0.453130
$0.120047
$0.000000
$0.000000
$0.333083
Cash
9/19/2023
10/12/2023
10/27/2023
$0.453130
$0.000000
$0.453130
$0.120047
$0.000000
$0.000000
$0.333083
Totals
$1.812520
$0.000000
$1.812520
$0.480188
$0.000000
$0.000000
$1.332332
(1) - Qualified Dividends shows the
portion of the amount in Box 1a that may be eligible for capital
gains tax rates
(2) - Section 199A Dividends shows the
portion of the amount in Box 1a that may be eligible for the 20%
qualified business income deduction under Section 199A
Consult Your Tax Advisor
Stockholders may have additional reporting obligations to the
Internal Revenue Service and/or other tax authorities.
The U.S. federal income tax treatment of holding Two Harbors
common and preferred stock to any particular stockholder will
depend on the stockholder’s particular tax circumstances. You are
urged to consult your tax advisor regarding the U.S. federal,
state, local and foreign income and other tax consequences to you,
in light of your particular investment or tax circumstances, of
acquiring, holding and disposing of Two Harbors common and
preferred stock.
Two Harbors does not provide tax, accounting or legal advice.
Any tax statements contained herein were not intended or written to
be used, and cannot be used for the purpose of avoiding U.S.,
federal, state or local tax penalties. Please consult your advisor
as to any tax, accounting or legal statements made herein.
Two Harbors Investment Corp.
Two Harbors Investment Corp., a Maryland corporation, is a real
estate investment trust that invests in residential mortgage-backed
securities, mortgage servicing rights and other financial assets.
Two Harbors is headquartered in St. Louis Park, MN.
Additional Information
Stockholders of Two Harbors and other interested persons may
find additional information regarding the company at
www.twoharborsinvestment.com, at the Securities and Exchange
Commission’s Internet site at www.sec.gov or by directing requests
to: Two Harbors Investment Corp., 1601 Utica Avenue South, Suite
900, St. Louis Park, MN, 55416, telephone (612) 453-4100.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240124741465/en/
Margaret Karr, Head of Investor Relations, Two Harbors
Investment Corp., (612) 453-4080,
Margaret.Karr@twoharborsinvestment.com.
Two Harbors Investment (NYSE:TWO)
過去 株価チャート
から 4 2024 まで 5 2024
Two Harbors Investment (NYSE:TWO)
過去 株価チャート
から 5 2023 まで 5 2024