Business Wire 15-Sep-2017 4:15 PM
MOORESTOWN, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has declared a dividend of $0.49 per share on the Company's common stock for the third quarter of 2017. The dividend will be payable in cash on October 24, 2017 to stockholders of record as of the close of business on September 29, 2017.
Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.33028 per share on the Companys 8.20% Series A Cumulative Redeemable Preferred Stock for the third quarter of 2017. The dividend will be payable in cash on October 15, 2017 to stockholders of record as of the close of business on September 29, 2017.
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.
This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward looking statements are based upon the Companys 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, 2016, and other documents filed by the Company with the Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170915005877/en/
Limited Time Offer:
Claim your free copy of income expert Bryan Perry's new report:
My Top Monthly Dividend Payer (8% Dividend Yield)
You'll also receive Bryan Perry's weekly e-letter, Dividend Investing Weekly, at no cost, along with other associated financial content and special offers.