Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2019 Dividends

Feb 12, 2020
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FARMINGDALE, N.J.--(BUSINESS WIRE)--Feb. 12, 2020-- Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”)(NYSE: CHMI), today announced the estimated Federal income tax treatment of the Company’s 2019 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

12/31/2018

1/29/2019

$0.55

$0.47

$0.08

3/18/2019

4/30/2019

$0.49

$0.42

$0.07

6/28/2019

7/30/2019

$0.49

$0.42

$0.07

9/30/2019

10/29/2019

$0.40

$0.34

$0.06

Total

 

$1.93

$1.65

$0.28

 
 

8.20% Series A Cumulative Redeemable Preferred Stock

 

 

Total

 

Record

Payable

Distributions

Total Ordinary

Date

Date

Per Share

Dividends

3/29/2019

4/15/2019

$0.51

$0.51

6/28/2019

7/15/2019

$0.51

$0.51

9/30/2019

10/15/2019

$0.51

$0.51

Total

 

$1.53

$1.53

 

8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

 

 

Total

 

Record

Payable

Distributions

Total Ordinary

Date

Date

Per Share

Dividends

4/1/2019

4/15/2019

$0.37

$0.37

6/28/2019

7/15/2019

$0.52

$0.52

9/30/2019

10/15/2019

$0.52

$0.52

Total

 

$1.41

$1.41

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, 2018, and other documents filed by the Company with the Securities and Exchange Commission.

Source: Cherry Hill Mortgage Investment Corporation

Cherry Hill Mortgage Investment Corporation
Investor Relations
(877) 870-7005
InvestorRelations@CHMIreit.com

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