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Cherry Hill Mortgage Investment Corporation Announces First Quarter 2020 Results

May 11, 2020 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 first quarter 2020.

First Quarter 2020 Highlights and Subsequent Events

GAAP net loss applicable to common stockholders of $46.4 million, or $2.79 per share Core earnings attributable to common stockholders of $7.8 million, or $0.47 per share Book value of $13.73 per share at March 31, 2020, down from $17.35 at December 31, 2019, net of the Companys first quarter dividend Declared regular common dividend of $0.40 per share, which was paid in a... More