Cherry Hill Mortgage Investment (CHMI) Misses Q2 EPS by 2c

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Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2022 Results

August 3, 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 second quarter 2022.

Second Quarter 2022 Highlights

GAAP net loss applicable to common stockholders of $17.6 million, or $0.92 per share Earnings available for distribution (EAD) attributable to common stockholders of $5.2 million, or $0.28 per share. Common book value per share of $6.73 at June 30, 2022 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 15.1% at August 2, 2022 Aggregate portfolio leverage stood at 3.4x at June... More