Cherry Hill Mortgage Investment (CHMI) Tops Q3 EPS by 16c

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Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2020 Results

November 9, 2020 4:26 PM EST

FARMINGDALE, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the third quarter 2020.

Third Quarter 2020 Highlights

GAAP net loss applicable to common stockholders of $3.2 million, or $0.19 per share Core earnings attributable to common stockholders of $8.2 million, or $0.48 per share Common book value per share of $11.74 at September 30, 2020 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 11.0% at November 6, 2020 Aggregate portfolio leverage stood at 4.6x at September 30,... More