CHMI · Categories · M&A
CHMI - Mergers and acquisitions
Cherry Hill Mortgage Investment Corporation (CHMI) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for CHMI
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2026Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.10 per share on the Company's common stock for the first quarter of 2026. The dividend will be payable in cash on April 30, 2026 to holders of the common stock of record as of the close of business on March 31, 2026. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.5978 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2026. The dividends
- Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2025 DividendsCherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE:CHMI) today announced the estimated Federal income tax treatment of the Company's 2025 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 12/31/2024 01/31/2025 $0.1500 $0.0375 $0.1125 03/31/202
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2025Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.10 per share on the Company's common stock for the fourth quarter of 2025. The dividend will be payable in cash on January 30, 2026 to holders of the common stock of record as of the close of business on December 31, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6259 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2025. The divi
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2025Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.10 per share on the Company's common stock for the third quarter of 2025. The dividend will be payable in cash on October 31, 2025 to holders of the common stock of record as of the close of business on September 30, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6523 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the third quarter of 2025. The divi
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2025Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the second quarter of 2025. The dividend will be payable in cash on July 31, 2025 to holders of the common stock of record as of the close of business on June 30, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6413 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2025. The dividends
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2025Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the first quarter of 2025. The dividend will be payable in cash on April 30, 2025 to holders of the common stock of record as of the close of business on March 31, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6372 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2025. The dividends w
- Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2024 DividendsCherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE:CHMI) today announced the estimated Federal income tax treatment of the Company's 2024 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 12/29/2023 01/31/2024 $0.1500 $0.0750 $
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2024Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the fourth quarter of 2024. The dividend will be payable in cash on January 31, 2025 to holders of the common stock of record as of the close of business on December 31, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6739 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2024. The div
- Cherry Hill Mortgage Investment Corporation Internalizes Management, Terminates Management Agreement and Concludes Strategic Alternatives Review ProcessCherry Hill Mortgage Investment Corporation (NYSE:CHMI) (the "Company") today announced that the Company has commenced operations as a fully integrated, internally managed mortgage REIT and has terminated the management agreement with its external manager, Cherry Hill Mortgage Management, LLC (the "Manager"), effective as of November 14, 2024. The management agreement was terminated upon the completion of an internalization event in which, among other things, the Company entered into employment arrangements with the Company's senior management team and other personnel supporting the Company's business. No termination fee is payable to the Manager, and the Company will not pay management f
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2024Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the third quarter of 2024. The dividend will be payable in cash on October 31, 2024 to holders of the common stock of record as of the close of business on September 30, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6986 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the third quarter of 2024. The divid
- Cherry Hill Mortgage Investment Corporation Provides Update on Exploration of Strategic Alternatives by Special Committee– Board of Directors Authorizes and Approves Internalization and Termination of Management Agreement – Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) (the "Company") today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board"), which is comprised entirely of independent and disinterested members of the Board, after consultation with its independent legal and financial advisors and as part of the Special Committee's previously announced exploration of strategic alternatives, determined and recommended to the Board that it is advisable and in the best interests of the Company and its stockholders to internalize management of
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2024Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the second quarter of 2024. The dividend will be payable in cash on July 31, 2024 to holders of the common stock of record as of the close of business on June 28, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6995 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2024. The dividends
- Cherry Hill Mortgage Investment Corporation Announces Exploration of Strategic AlternativesCherry Hill Mortgage Investment Corporation (NYSE:CHMI) (the "Company") today announced that its Board of Directors (the "Board") has established a special committee of the Board (the "Special Committee") to explore strategic alternatives to maximize stockholder value. The Special Committee is comprised solely of independent and disinterested directors and intends to consider the full range of strategic alternatives, including, but not limited to, a business combination involving the Company, a sale of all or part of the Company's assets or an internalization of the management of the Company. Guggenheim Securities, LLC is serving as the financial advisor to the Special Committee. There
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2024Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the first quarter of 2024. The dividend will be payable in cash on April 30, 2024 to holders of the common stock of record as of the close of business on March 28, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2024. The dividend
- Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2023 DividendsCherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE:CHMI) today announced the estimated Federal income tax treatment of the Company's 2023 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 12/30/2022 01/31/2023 $0.2700 $0.2565 $0.0135 03/31/2023
- Cherry Hill Mortgage Investment Corporation Authorizes Preferred Stock Repurchase ProgramCherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has authorized the repurchase of up to $50 million of the Company's preferred stock, which includes its 8.20% Series A Cumulative Redeemable Preferred Stock and its 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The shares are expected to be repurchased from time to time through open market or privately negotiated transactions, including pursuant to trading plans in accordance with Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934, as amended, or by any combination of such methods. The manner, price, number and timing of share repurchases will
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2023Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the fourth quarter of 2023. The dividend will be payable in cash on January 31, 2024 to holders of the common stock of record as of the close of business on December 29, 2023. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2023. T
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2023Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the third quarter of 2023. The dividend will be payable in cash on October 31, 2023 to holders of the common stock of record as of the close of business on September 29, 2023. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the third quarter of 2023. The di
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2023Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the second quarter of 2023. The dividend will be payable in cash on July 31, 2023 to holders of the common stock of record as of the close of business on June 30, 2023. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2023. The dividend
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2023Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.27 per share on the Company's common stock for the first quarter of 2023. The dividend will be payable in cash on April 25, 2023 to holders of the common stock of record as of the close of business on March 31, 2023. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2023. The dividends
- Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2022 DividendsCherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE:CHMI), today announced the estimated Federal income tax treatment of the Company's 2022 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 12/31/2021 01/25/2022 $0.270 $0.162 $0.108 03/31/2022 04/26/2022 $0.270 $0.162 $0.108 06/30/2022 07/26/2
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2022Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that on December 15, 2022, its Board of Directors declared a dividend of $0.27 per share on the Company's common stock for the fourth quarter of 2022. The dividend will be payable in cash on January 31, 2023 to holders of the common stock of record as of the close of business on December 30, 2022. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth q
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2022Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the third quarter of 2022. The dividend will be payable in cash on October 25, 2022 to holders of the common stock of record as of the close of business on September 30, 2022. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the third quarter of 2022. The
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2022Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the second quarter of 2022. The dividend will be payable in cash on July 26, 2022 to holders of the common stock of record as of the close of business on June 30, 2022. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2022. The divid
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2022Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that on March 10, 2022, its Board of Directors declared a dividend of $0.27 per share on the Company's common stock for the first quarter of 2022. The dividend will be payable in cash on April 26, 2022 to holders of the common stock of record as of the close of business on March 31, 2022. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of
- Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2021 DividendsCherry Hill Mortgage Investment Corporation (the "Company" or "CHMI")(NYSE:CHMI), today announced the estimated Federal income tax treatment of the Company's 2021 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 12/31/2020 01/26/2021 $0.27 $0.00 $0.27 03/31/2021 04/27/2021 $0.27 $0.00 $0.27 06/30/2021 07/27/2021
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2021Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the fourth quarter of 2021. The dividend will be payable in cash on January 25, 2022 to holders of the common stock of record as of the close of business on December 31, 2021. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2021. Th
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2021Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the third quarter of 2021. The dividend will be payable in cash on October 26, 2021 to holders of the common stock of record as of the close of business on September 30, 2021. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the third quarter of 2021. The
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2021Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the second quarter of 2021. The dividend will be payable in cash on July 27, 2021 to holders of the common stock of record as of the close of business on June 30, 2021. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2021. The divid
- Cherry Hill Mortgage Investment Corporation Announces First Quarter 2021 ResultsCherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the first quarter 2021. First Quarter 2021 Highlights GAAP net income applicable to common stockholders of $18.3 million, or $1.07 per share Core earnings attributable to common stockholders of $3.5 million, or $0.21 per share Common book value per share of $10.83 at March 31, 2021 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 10.6% at May 7, 2021 Aggregate portfolio leverage stood at 3.4x at March 31, 2021 As of March 31, 2021, the Company had unrestricted cash of approximately $62 million "During the
- Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2020 ResultsFARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the fourth quarter and full year 2020. Fourth Quarter 2020 Highlights GAAP net income applicable to common stockholders of $6.4 million, or $0.38 per share Core earnings attributable to common stockholders of $6.3 million, or $0.37 per share Common book value per share of $11.16 at December 31, 2020 Declared regular common dividend of $0.27 per share, annualized common dividend yield at market close was 10.3% at March 8, 2021 Aggregate portfolio leverage stood at 4.0x at December 31, 2020 As of December 31, 2020, the
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2021FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company’s common stock for the first quarter of 2021. The dividend will be payable in cash on April 27, 2021 to holders of the common stock of record as of the close of business on March 31, 2021. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company’s 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company’s 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred S
- Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2020 DividendsFARMINGDALE, N.J.--(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.
- Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2020FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company’s common stock for the fourth quarter of 2020. The dividend will be payable in cash on January 26, 2021 to holders of the common stock of record as of the close of business on December 31, 2020. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company’s 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.515625 per share on the Company’s 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Prefe