Cherry Hill Mortgage Investment Corporation

09/27/2024 | Press release | Distributed by Public on 09/27/2024 14:29

Material Event Form 8 K

Item 8.01.
Other Information.

On September 27, 2024, Cherry Hill Mortgage Investment Corporation (the "Company") announced that it was revising its third quarter dividend on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") from $0.6986 per share to $0.7152 per share. The revised dividend in the amount of $0.7152 per share will be paid in cash on October 15, 2024 to holders of record of the Series B Preferred Stock as of the close of business on September 30, 2024.

In addition, the Company's previously declared and paid second quarter Series B Preferred Stock dividend of $0.6995 per share, which was paid in cash on July 15, 2024 to holders of record as of the close of business on June 28, 2024, requires an additional payment. The Company has declared an additional cash dividend in the amount of $0.0096 per share, which will be paid on October 15, 2024 to holders of record of the Series B Preferred Stock as of the close of business on June 28, 2024.