CHMI.PRB

Ex-Div Reminder for Cherry Hill Mortgage Investment Corp's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

On 12/31/24, Cherry Hill Mortgage Investment Corp's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CHMI.PRB) will trade ex-dividend, for its quarterly dividend of $0.6739, payable on 1/15/25. As a percentage of CHMI.PRB's recent share price of $24.56, this dividend works out to approximately 2.74%, so look for shares of CHMI.PRB to trade 2.74% lower — all else being equal — when CHMI.PRB shares open for trading on 12/31/24. On an annualized basis, the current yield is approximately 11.05%, which compares to an average yield of 7.89% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of CHMI.PRB shares, versus CHMI:

Performance Comparison Chart

Below is a dividend history chart for CHMI.PRB, showing historical dividends prior to the most recent $0.6739 on Cherry Hill Mortgage Investment Corp's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock:

CHMI.PRB+Dividend+History+Chart

In Friday trading, Cherry Hill Mortgage Investment Corp's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CHMI.PRB) is currently up about 0.7% on the day, while the common shares (Symbol: CHMI) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Also see:
• Funds Holding PCRB
• Funds Holding VIV
• Top Ten Hedge Funds Holding SRZN

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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