UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 27, 2024
CHERRY HILL MORTGAGE INVESTMENT CORPORATION
(Exact name of registrant as specified in its charter)
Maryland
001-36099
46-1315605
(State or other jurisdiction of incorporation)
Commission File Number
(IRS Employer Identification No.)
     
4000 Route 66, Suite 310
Tinton Falls, NJ 07753
(Address of principal executive offices, including zip code)
 
877.870.7005
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
1451 Route 34, Suite 303
Farmingdale, NJ 07727

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company  ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange
 on which registered
Common Stock, $0.01 par value
CHMI
NYSE
8.20% Series A Cumulative Redeemable Preferred Stock, $0.01 par value
CHMI-PRA
NYSE
8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable
CHMI-PRB
NYSE

Item 8.01.
Other Information.

On September 27, 2024, Cherry Hill Mortgage Investment Corporation (the “Company”) announced that it was revising its third quarter dividend on the Company’s 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) from $0.6986 per share to $0.7152 per share.  The revised dividend in the amount of $0.7152 per share will be paid in cash on October 15, 2024 to holders of record of the Series B Preferred Stock as of the close of business on September 30, 2024.

In addition, the Company’s previously declared and paid second quarter Series B Preferred Stock dividend of $0.6995 per share, which was paid in cash on July 15, 2024 to holders of record as of the close of business on June 28, 2024, requires an additional payment.  The Company has declared an additional cash dividend in the amount of $0.0096 per share, which will be paid on October 15, 2024 to holders of record of the Series B Preferred Stock as of the close of business on June 28, 2024.

Item 9.01.
Financial Statements and Exhibits.

Exhibit
Number
Description
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
CHERRY HILL MORTGAGE INVESTMENT CORPORATION



By: 
 /s/ Michael Hutchby
  Name: Michael Hutchby
 
Title: Chief Financial Officer, Treasurer and Secretary
   
Date: September 27, 2024
  


v3.24.3
Document and Entity Information
Sep. 27, 2024
Entity Listings [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 27, 2024
Entity File Number 001-36099
Entity Registrant Name CHERRY HILL MORTGAGE INVESTMENT CORPORATION
Entity Central Index Key 0001571776
Entity Incorporation, State or Country Code MD
Entity Tax Identification Number 46-1315605
Entity Address, Address Line One 4000 Route 66
Entity Address, Address Line Two Suite 310
Entity Address, City or Town Tinton Falls
Entity Address, State or Province NJ
Entity Address, Postal Zip Code 07753
City Area Code 877
Local Phone Number 870.7005
Entity Emerging Growth Company false
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Former Address [Member]  
Entity Listings [Line Items]  
Entity Address, Address Line One 1451 Route 34, Suite 303
Entity Address, City or Town Farmingdale
Entity Address, State or Province NJ
Entity Address, Postal Zip Code 07727
Common Stock [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security Common Stock, $0.01 par value
Trading Symbol CHMI
Security Exchange Name NYSE
8.20% Series A Cumulative Redeemable Preferred Stock, $0.01 par value [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security 8.20% Series A Cumulative Redeemable Preferred Stock, $0.01 par value
Trading Symbol CHMI-PRA
Security Exchange Name NYSE
8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable
Trading Symbol CHMI-PRB
Security Exchange Name NYSE
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