Cherry Hill Mortgage Investment (CHMI) Tops Q2 EPS by 2c

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Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2018 Results

August 8, 2018 4:15 PM EDT

FARMINGDALE, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the second quarter of 2018.

Second Quarter 2018 Highlights

GAAP net income applicable to common stockholders of $12.4 million, or $0.91 per diluted share Core earnings attributable to common stockholders of $6.8 million, or $0.50 per share Book value of $19.36 per share at June 30, 2018, a 3.9% reduction from $20.15 at March 31, 2018, net of the Companys second quarter dividend Declared regular common dividend of $0.49 per share; annualized common... More