Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2024
June 13 2024 - 3:15PM
Business Wire
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today
announced that its Board of Directors declared a dividend of $0.15
per share on the Company’s common stock for the second quarter of
2024. The dividend will be payable in cash on July 31, 2024 to
holders of the common stock of record as of the close of business
on June 28, 2024.
Additionally, Cherry Hill announced that its Board of Directors
has declared a dividend of $0.5125 per share on the Company’s 8.20%
Series A Cumulative Redeemable Preferred Stock and a dividend of
$0.6995 per share on the Company’s 8.250% Series B
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for
the second quarter of 2024. The dividends will be payable in cash
on July 15, 2024 to holders of the applicable Series of Preferred
Stock of record as of the close of business on June 28, 2024.
About Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation is a real estate
finance company that acquires, invests in and manages residential
mortgage assets in the United States. For additional information,
visit www.chmireit.com.
Forward-Looking Statements
This press release contains forward looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
and other federal securities laws, including, among others,
statements relating to the Company’s long-term growth opportunities
and strategies, expand its market opportunities and create its own
Excess MSRs and its ability to generate sustainable and attractive
risk-adjusted returns for stockholders. These forward-looking
statements are based upon the Company’s present expectations, but
these statements are not guaranteed to occur. For a description of
factors that may cause the Company's actual results or performance
to differ from its forward-looking statements, please review the
information under the heading “Risk Factors” included in the
Company's Annual Report on Form 10-K for the year ended December
31, 2023, and other documents filed by the Company with the
Securities and Exchange Commission.
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