This research report was produced by The REIT Forum with assistance from Big Dog Investments.
Two Harbors (TWO) has seen an interesting month with their preferred shares. We will be going over some of their current valuations, but mostly looking at what happened with the price around the recent ex-dividend date.
Source: The REIT Forum
TWO-B (TWO.PB) has seen a significant climb in the share price. The current valuation looks absurd, especially next to TWO-A (TWO.PA).
Source: The REIT Forum (Our price ranges)
If investors were choosing between those shares, then TWO-A