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Two Harbors lowers quarterly dividend

Two Harbors Investment Corp. has declared a fourth-quarter dividend of 47 cents per common share, down 5 cents from the previous quarterly dividend.

The dividend will be paid Dec. 29 to shareholders of record as of the close of business Dec. 26.

Two Harbors does not plan to declare another special dividend in 2017. It expects the current quarterly dividend amount to be sustainable into 2018.