Cherry Hill Mortgage Investment Corporation Continues to Strengthen Investor Commitment with Dividend Declarations for Q2 2024
Farmingdale, N.J.- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) has once again demonstrated its commitment to investor satisfaction by declaring dividends for the second quarter of 2024.The Board of Directors has announced a dividend of $0.15 per share on the Company’s common stock, payable in cash on July 31, 2024.This dividend will benefit holders of the common stock who are on record as of June 28, 2024.
In addition to the common stock dividend, Cherry Hill has also declared a dividend of $0.5125 per share on the Company’s preferred stock.These dividend declarations come as part of Cherry Hill’s ongoing efforts to provide value to its investors and maintain strong financial performance.
It is worth noting that Cherry Hill Mortgage Investment Corporation’s stock has seen a modest increase over the past 5 days, bringing the year-to-date performance to -6.91%. Despite this, the stock still remains 36.1% above its 52-week low, showcasing resilience in a challenging market environment.
With these recent dividend declarations, Cherry Hill Mortgage Investment Corporation continues to solidify its position as a reliable investment option for shareholders.Investors can look forward to consistent returns and a commitment to shareholder value from this trusted company.
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