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

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