Cherry Hill Mortgage Investment (CHMI) Tops Q4 EPS by 5c

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Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2019 Results

February 27, 2020 4:15 PM EST

FARMINGDALE, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the fourth quarter and full year 2019.

Fourth Quarter 2019 Highlights

GAAP net income applicable to common stockholders of $5.2 million, or $0.31 per share Core earnings attributable to common stockholders of $8.1 million, or $0.48 per share Book value of $17.35 per share at December 31, 2019, a 2.0% increase from September 30, 2019, net of the Companys fourth quarter dividend Declared regular common dividend of $0.40 per share; annualized common dividend yield at market close was... More