Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2022 Dividends
01/25/2023 - 04:15 PM
FARMINGDALE, N.J. --(BUSINESS WIRE)--
Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”) (NYSE: CHMI), today announced the estimated Federal income tax treatment of the Company’s 2022 distributions on its common and preferred stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions.
Common Stock
Total
Record
Payable
Distributions
Total Ordinary
Nondividend
Date
Date
Per Share
Dividends
Distributions
12/31/2021
01/25/2022
$0.270
$0.162
$0.108
03/31/2022
04/26/2022
$0.270
$0.162
$0.108
06/30/2022
07/26/2022
$0.270
$0.162
$0.108
09/30/2022
10/25/2022
$0.270
$0.162
$0.108
Total
$1.080
$0.648
$0.432
8.20% Series A Cumulative Redeemable Preferred Stock
Total
Record
Payable
Distributions
Total Ordinary
Nondividend
Date
Date
Per Share
Dividends
Distributions
12/31/2021
01/18/2022
$0.5125
$0.5125
-
03/31/2022
04/18/2022
$0.5125
$0.5125
-
06/30/2022
07/15/2022
$0.5125
$0.5125
-
09/30/2022
10/17/2022
$0.5125
$0.5125
-
Total
$2.0500
$2.0500
-
8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Total
Record
Payable
Distributions
Total Ordinary
Nondividend
Date
Date
Per Share
Dividends
Distributions
12/31/2021
01/18/2022
$0.5156
$0.5156
-
03/31/2022
04/18/2022
$0.5156
$0.5156
-
06/30/2022
07/15/2022
$0.5156
$0.5156
-
09/30/2022
10/17/2022
$0.5156
$0.5156
-
Total
$2.0625
$2.0625
-
About Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in and manages residential mortgage assets in the United States . For additional information, visit www.chmireit.com .
Forward-Looking Statements
This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including, among others, statements relating to the Company’s estimated Federal income tax treatment of the Company’s 2022 distributions on its common and preferred stock, long-term growth opportunities and strategies, and its ability to generate sustainable and attractive risk-adjusted returns for stockholders. These forward looking statements are based upon the Company’s present expectations, estimates and assumptions, but these statements are not guaranteed to occur. The actual Federal income tax treatment of the Company’s 2022 distributions could differ from estimated amounts. For a description of factors that may cause the Company's actual results or performance to differ from its forward-looking statements, please review the information under the heading “Risk Factors” included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 , and other documents filed by the Company with the Securities and Exchange Commission .
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Cherry Hill Mortgage Investment Corporation
Investor Relations
(877) 870-7005
InvestorRelations@CHMIreit.com
Source: Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation
CHMI Rankings
#4616 Ranked by Stock Gains
CHMI Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
About CHMI
cherry hill mortgage investment corp (chmi) is a financial services company located in 301 harper dr, moorestown, nj, united states.