TWO for One Deal: Get a Solid 10.1 Percent Yield with this REIT (Seeking Alpha)
For longtime Eagle Financial Publications subscribers, Two Harbors Investment Corp. (TWO) is a familiar company. It has been recommended in the past by Nicholas Vardy. And why not? Even in today???s stronger rate environment, this holding company — which operates as a real estate investment trust (REIT) — still offers a solid 10.9 percent yield. It looks to continue along that same path throughout the year, even though it missed Q413 earnings goals by a penny. To maintain that yield and grow share price, TWO is repositioning its portfolio of holdings to reduce interest rate sensitivity. We???ll continue to look to Two Harbors for a solid double-digit yield.