Cherry Hill Mortgage Investment (CHMI) Tops Q2 EPS by 19c
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Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2020 Results
August 10, 2020 4:15 PM EDTFARMINGDALE, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the second quarter 2020.
Second Quarter 2020 Highlights
GAAP net loss applicable to common stockholders of $12.4 million, or $0.73 per share Core earnings attributable to common stockholders of $7.9 million, or $0.47 per share Book value of $13.41 per share at June 30, 2020, a 2.3% reduction from $13.73 at March 31, 2020, net of the Companys second quarter dividend. Approximately 70% of the reduction was due to paying half of the first quarter common dividend in... More