Cherry Hill Mortgage Investment (CHMI) Tops Q4 EPS by 4c

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Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2021 Results

March 15, 2022 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 fourth quarter and full year 2021.

Fourth Quarter 2021 Highlights

GAAP net income applicable to common stockholders of $4.1 million, or $0.23 per share Earnings available for distribution (EAD) attributable to common stockholders of $5.8 million, or $0.32 per share. Common book value per share of $8.56 at December 31, 2021 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 13.9% at March 14, 2022 Aggregate portfolio leverage... More