Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2019 Dividends
February 12 2020 - 4:15PM
Business Wire
Cherry Hill Mortgage Investment Corporation (the “Company” or
“CHMI”)(NYSE: CHMI), today announced the estimated Federal income
tax treatment of the Company’s 2019 distributions on its common and
preferred stock, as described below. Shareholders are encouraged to
consult with their personal tax advisors as to their specific tax
treatment of the Company’s distributions.
Common Stock
Total
Record
Payable
Distributions
Total Ordinary
Nondividend
Date
Date
Per Share
Dividends
Distributions
12/31/2018
1/29/2019
$0.55
$0.47
$0.08
3/18/2019
4/30/2019
$0.49
$0.42
$0.07
6/28/2019
7/30/2019
$0.49
$0.42
$0.07
9/30/2019
10/29/2019
$0.40
$0.34
$0.06
Total
$1.93
$1.65
$0.28
8.20% Series A Cumulative Redeemable
Preferred Stock
Total
Record
Payable
Distributions
Total Ordinary
Date
Date
Per Share
Dividends
3/29/2019
4/15/2019
$0.51
$0.51
6/28/2019
7/15/2019
$0.51
$0.51
9/30/2019
10/15/2019
$0.51
$0.51
Total
$1.53
$1.53
8.250% Series B Fixed-to-Floating Rate
Cumulative Redeemable Preferred Stock
Total
Record
Payable
Distributions
Total Ordinary
Date
Date
Per Share
Dividends
4/1/2019
4/15/2019
$0.37
$0.37
6/28/2019
7/15/2019
$0.52
$0.52
9/30/2019
10/15/2019
$0.52
$0.52
Total
$1.41
$1.41
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, 2018, and other documents filed by the Company with the
Securities and Exchange Commission.
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Cherry Hill Mortgage Investment Corporation Investor Relations
(877) 870-7005 InvestorRelations@CHMIreit.com
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