Cherry Hill Mortgage Investment (CHMI) Reports Q1 EPS of $0.54

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Cherry Hill Mortgage Investment Corporation Announces First Quarter 2016 Results

May 10, 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 first quarter of 2016.

First Quarter 2016 Highlights and Subsequent Events

GAAP net loss applicable to common stockholders was $7.1 million, or $0.94 per diluted share, for first quarter 2016 Core earnings were $0.54 per share for first quarter 2016 Declared dividend of $0.49 per share for first quarter 2016 Book value per share was $19.68 as of March 31, 2016, as compared to $20.13 as of December 31, 2015... More