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Cherry Hill Mortgage Investment (CHMI) Tops Q2 EPS by 4c

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Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2016 Results

August 9, 2016 4:15 PM EDT

MOORESTOWN, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the second quarter of 2016.

Second Quarter 2016 Highlights

GAAP net gain applicable to common stockholders was $0.3 million, or $0.04 per diluted share, for second quarter 2016 Core earnings were $0.53 per share, or $4.0 million, for second quarter 2016 Declared dividend of $0.49 per share for second quarter 2016 Book value per share increased 0.6% to $19.80 as of June 30, 2016, as compared to $19.68 as of March 31, 2016... More