Cherry Hill Mortgage Investment (CHMI) Tops Q3 EPS by 8c
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Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2016 Results
November 9, 2016 4:15 PM ESTMOORESTOWN, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the third quarter of 2016.
Third Quarter 2016 Highlights
GAAP net income applicable to common stockholders was $5.4 million, or $0.72 per diluted share, for the third quarter 2016 Core earnings were $0.54 per share, or $4.1 million, for the third quarter 2016 Book value per share grew 1.5% from June 30, 2016 to $20.09 at September 30, 2016 Declared dividend of $0.49 per share; annualized dividend yield at market close was 12.0% at November 8, 2016... More