Two Harbors: The Series B Preferred Shares Offer The Best Value
TWOTwo Harbors Investment (TWO) Seeking Alpha·2024-07-19 03:09
PM ImagesIntroduction Two Harbors Investment Corporation's Series B 7.625% preferred shares (NYSE:TWO.PR.B) have significantly outperformed the iShares Preferred and Income Securities ETF (PFF) so far in 2024, delivering a low double-digit total return against the mid-single-digit return for the benchmark ETF:  Two Harbors Series B preferred shares vs PFF in 2024 (Seeking Alpha)I expect this outperformance to continue as the Series B preferred shares offer a well-covered dividend both from a net income  ...