Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2021
March 04 2021 - 04:15PM
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 first quarter
of 2021. The dividend will be payable in cash on April 27, 2021 to
holders of the common stock of record as of the close of business
on March 31, 2021.
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 first quarter of 2021. The dividends will be payable in cash on
April 15, 2021 to holders of the applicable Series of Preferred
Stock of record as of the close of business on March 31, 2021.
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.
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