Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2020 Dividends
February 22 2021 - 4:15PM
Business Wire
Cherry Hill Mortgage Investment Corporation (the “Company” or
“CHMI”) (NYSE: CHMI) today announced the estimated Federal income
tax treatment of the Company’s 2020 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
12/31/2019
01/28/2020
$0.40
$0.08
$0.32
03/31/2020
04/28/2020
$0.40
$0.08
$0.32
06/30/2020
07/28/2020
$0.27
$0.054
$0.22
09/30/2020
10/27/2020
$0.27
$0.054
$0.22
Total
$1.34
$0.27
$1.07
8.20% Series A Cumulative Redeemable
Preferred Stock
Total
Record
Payable
Distributions
Total Ordinary
Date
Date
Per Share
Dividends
12/31/2019
01/15/2020
$0.5125
$0.5125
03/31/2020
04/15/2020
$0.5125
$0.5125
06/30/2020
07/15/2020
$0.5125
$0.5125
09/30/2020
10/15/2020
$0.5125
$0.5125
Total
$2.0500
$2.0500
8.250% Series B Fixed-to-Floating Rate
Cumulative Redeemable Preferred Stock
Total
Record
Payable
Distributions
Total Ordinary
Date
Date
Per Share
Dividends
12/31/2019
01/15/2020
$0.5156
$0.5156
03/31/2020
04/15/2020
$0.5156
$0.5156
06/30/2020
07/15/2020
$0.5156
$0.5156
09/30/2020
10/15/2020
$0.5156
$0.5156
Total
$2.0625
$2.0625
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, 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, 2019, and other documents filed by the
Company with the Securities and Exchange Commission.
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Cherry Hill Mortgage Investment Corporation Investor Relations
(877) 870-7005 InvestorRelations@CHMIreit.com
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