Welcome to our dedicated page for Cherry Hill Mtg Invt news (Ticker: CHMI), a resource for investors and traders seeking the latest updates and insights on Cherry Hill Mtg Invt stock.
Cherry Hill Mortgage Investment Corp (NYSE: CHMI) is a specialized real estate investment trust focused on residential mortgage assets. This page provides investors with comprehensive access to official press releases, financial disclosures, and strategic updates from the company.
Track CHMI's latest developments including quarterly earnings reports, portfolio acquisitions, and dividend declarations. Our curated news collection simplifies monitoring this REIT's performance in mortgage-backed securities (RMBS) and servicing-related investments.
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Cherry Hill Mortgage Investment Corporation (CHMI) reported its first-quarter 2021 results, with a GAAP net income of $18.3 million ($1.07 per share) and core earnings of $3.5 million ($0.21 per share). The company declared a dividend of $0.27 per share, reflecting a 10.6% annualized yield. As of March 31, 2021, Cherry Hill maintained a book value of $10.83 per share, along with $62 million in unrestricted cash. Despite challenges from elevated prepayment speeds, management expressed confidence in benefitting from a rising rate environment.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) will announce its first quarter 2021 financial results on May 10, 2021, after market close. A conference call is scheduled for the same day at 5:00 PM ET to discuss the results. Interested parties can access the call via the investor relations section of the Company's website. For participation, a dial-in number is provided for both domestic and international callers. The replay will be available until June 10, 2021.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) reported a fourth-quarter net income of $6.4 million, or $0.38 per share, and core earnings of $6.3 million, or $0.37 per share for 2020. The company declared a dividend of $0.27 per share, yielding 10.3% as of March 8, 2021. As of year-end, Cherry Hill's unrestricted cash totaled approximately $84 million, with a common book value of $11.16 per share. The company highlights its strong balance sheet and ability to navigate challenges, aiming to invest in mortgage servicing rights (MSRs) and residential mortgage-backed securities (RMBS) for shareholder returns.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) has declared a dividend of $0.27 per share for Q1 2021, payable on April 27, 2021. Shareholders on record as of March 31, 2021 will receive this cash dividend. Additionally, the Company announced dividends for its preferred stock: $0.5125 per share for the 8.20% Series A and $0.515625 for the 8.250% Series B, payable on April 15, 2021. These dividends reflect the company's ongoing commitment to rewarding shareholders.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) will release its fourth quarter and full year 2020 financial results on March 9, 2021, after market close. A conference call is scheduled for the same day at 5:00 pm ET to discuss these results. Investors can access the live webcast on the company's investor relations website. For those wishing to participate via phone, domestic and international dial-in numbers have been provided. The call will also be available for playback until April 9, 2021.
Cherry Hill Mortgage Investment Corporation (CHMI) announced the estimated Federal income tax treatment for its 2020 distributions on common and preferred stock. Shareholders are advised to consult with personal tax advisors regarding the tax implications. The Company paid a total of $1.34 per share for common stock distributions, with an ordinary dividend of $0.27. For preferred stockholders, the total distribution was $2.0625 per share. The payment dates for these distributions were throughout early 2020.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) announced a fireside chat featuring Jay Lown, President and CEO, and Julian Evans, Chief Investment Officer, at the virtual ICR Conference 2021. This event is scheduled for Monday, January 11, 2021, starting at 9:30 AM Eastern Time. Investors can access the live webcast through the company’s investor relations page at www.chmireit.com. A replay will be available post-conference. Cherry Hill specializes in acquiring and managing residential mortgage assets in the U.S.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) has declared a $0.27 dividend per share for Q4 2020, payable on January 26, 2021. This dividend is for common stockholders recorded by the close of business on December 31, 2020. Additionally, dividends were declared for preferred stockholders: $0.5125 for the 8.20% Series A and $0.515625 for the 8.250% Series B, payable on January 15, 2021. Both are for those recorded by the end of December 2020.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) reported a GAAP net loss of $3.2 million, or $0.19 per share, for Q3 2020. Core earnings for common stockholders reached $8.2 million, equating to $0.48 per share, exceeding the dividend of $0.27 per share declared for the quarter. The company’s book value was $11.74 per share, with a portfolio leverage of 4.6x. Despite a challenging environment, Cherry Hill maintained a strong balance sheet with approximately $95 million in unrestricted cash.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) will release its third quarter 2020 financial results on November 9, 2020, after market close. A conference call is scheduled for 5:00 PM ET on the same day to discuss these results. Investors can access the call via the investor relations section of the company's website. For participation, domestic callers can dial 1-877-407-9716, while international callers should use 1-201-493-6779.
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