Cherry Hill Mortgage Investment (CHMI) Misses Q1 EPS by 11c

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Go back to Cherry Hill Mortgage Investment (CHMI) Misses Q1 EPS by 11c

Cherry Hill Mortgage Investment Corporation Announces First Quarter 2021 Results

May 10, 2021 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 2021.

First Quarter 2021 Highlights

GAAP net income applicable to common stockholders of $18.3 million, or $1.07 per share Core earnings attributable to common stockholders of $3.5 million, or $0.21 per share Common book value per share of $10.83 at March 31, 2021 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 10.6% at May 7, 2021 Aggregate portfolio leverage stood at 3.4x at March 31,... More