Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2025
TINTON FALLS, N.J.--(BUSINESS WIRE)--March 13, 2025--
Cherry Hill Mortgage Investment Corporation $(CHMI)$ today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the first quarter of 2025. The dividend will be payable in cash on April 30, 2025 to holders of the common stock of record as of the close of business on March 31, 2025.
Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6372 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2025. The dividends will be payable in cash on April 15, 2025 to holders of the applicable Series of Preferred Stock of record as of the close of business on March 31, 2025.
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 long-term growth opportunities and strategies, expand its market opportunities and create its own Excess MSRs 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, but these statements are not guaranteed to occur. 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, 2024, and other documents filed by the Company with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250312274756/en/
CONTACT: Investor Relations
(877) 870 -- 7005
InvestorRelations@CHMIreit.com
(END) Dow Jones Newswires
March 13, 2025 08:00 ET (12:00 GMT)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.