Cherry Hill Mortgage Investment (CHMI) Tops Q1 EPS by 1c
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Cherry Hill Mortgage Investment Corporation Announces First Quarter 2022 Results
May 9, 2022 4:15 PM EDTFARMINGDALE, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the first quarter 2022.
First Quarter 2022 Highlights
GAAP net income applicable to common stockholders of $25.6 million, or $1.40 per share Earnings available for distribution (EAD) attributable to common stockholders of $6.2 million, or $0.34 per share. Common book value per share of $7.27 at March 31, 2022 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 16.0% at May 6, 2022 Aggregate portfolio leverage stood at 3.6x at... More