Cherry Hill Mortgage Investment (CHMI) Tops Q4 EPS by 8c

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Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2020 Results

March 9, 2021 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 2020.

Fourth Quarter 2020 Highlights

GAAP net income applicable to common stockholders of $6.4 million, or $0.38 per share Core earnings attributable to common stockholders of $6.3 million, or $0.37 per share Common book value per share of $11.16 at December 31, 2020 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 10.3% at March 8, 2021 Aggregate portfolio leverage stood at 4.0x at... More