Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2020
December 10 2020 - 4:15PM
Business Wire
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today
announced that its Board of Directors has declared a dividend of
$0.27 per share on the Company’s common stock for the fourth
quarter of 2020. The dividend will be payable in cash on January
26, 2021 to holders of the common stock of record as of the close
of business on December 31, 2020.
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
$0.515625 per share on the Company’s 8.250% Series B
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for
the fourth quarter of 2020. The dividends will be payable in cash
on January 15, 2021 to holders of the applicable Series of
Preferred Stock of record as of the close of business on December
31, 2020.
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, 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, 2019, and other documents filed by the
Company with the Securities and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201210005927/en/
Investor Relations (877) 870 – 7005
InvestorRelations@CHMIreit.com
Cherry Hill Mortgage Inv... (NYSE:CHMI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cherry Hill Mortgage Inv... (NYSE:CHMI)
Historical Stock Chart
From Apr 2023 to Apr 2024