Cherry Hill Mortgage Investment (CHMI) Misses Q1 EPS by 7c
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Cherry Hill Mortgage Investment Corporation Announces First Quarter 2023 Results
May 8, 2023 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 2023.
First Quarter 2023 Highlights
GAAP net loss applicable to common stockholders of $21.4 million, or $0.87 per share. Earnings available for distribution (EAD) attributable to common stockholders of $5.2 million, or $0.21 per diluted share. Common book value per share of $5.52 at March 31, 2023. Declared regular common dividend of $0.27 per share, annualized common dividend yield was 20.5% based on the closing sale price of the Companys... More