Cherry Hill Mortgage Investment's most recent quarterly dividend of $0.27 per share was on Dec 29, 2022 (ex-date). The annualized payout of $1.08 per share represents a current dividend yield of 15.21%.
CHMI has a dividend yield of 15.21% which is above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 5.55%, Cherry Hill Mortgage Investment's dividend yield is 174% higher. Historically CHMI's dividend yield has averaged at 14.1% in the last 5 years, which is below the current yield.
Cherry Hill Mortgage Investment has a history of paying dividends since 2013. Our records of CHMI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone down by 13% from a year ago, the dividend yield marks an increase of 14%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 29, 2022 | Jan 31, 2023 | Dec 16, 2022 | $0.27 | normal |
| Sep 29, 2022 | Oct 25, 2022 | Sep 15, 2022 | $0.27 | normal |
| Jun 29, 2022 | Jul 26, 2022 | Jun 17, 2022 | $0.27 | normal |
| Mar 30, 2022 | Apr 26, 2022 | Mar 11, 2022 | $0.27 | normal |
| Dec 30, 2021 | Jan 25, 2022 | Dec 9, 2021 | $0.27 | normal |
| Sep 29, 2021 | Oct 26, 2021 | Sep 17, 2021 | $0.27 | normal |
| Jun 29, 2021 | Jul 27, 2021 | Jun 17, 2021 | $0.27 | normal |
| Mar 30, 2021 | Apr 27, 2021 | Mar 4, 2021 | $0.27 | normal |
| Dec 30, 2020 | Jan 26, 2021 | Dec 10, 2020 | $0.27 | normal |
| Sep 29, 2020 | Oct 27, 2020 | Sep 17, 2020 | $0.27 | normal |
| Jun 29, 2020 | Jul 28, 2020 | Jun 18, 2020 | $0.27 | normal |
| Mar 30, 2020 | Apr 28, 2020 | Mar 12, 2020 | $0.4 | normal |
| Dec 30, 2019 | Jan 28, 2020 | Dec 12, 2019 | $0.4 | normal |
| Sep 27, 2019 | Oct 29, 2019 | Sep 4, 2019 | $0.4 | normal |
| Jun 27, 2019 | Jul 30, 2019 | Jun 13, 2019 | $0.49 | normal |
| Mar 15, 2019 | Apr 30, 2019 | Mar 5, 2019 | $0.49 | normal |
| Dec 28, 2018 | Jan 29, 2019 | Dec 13, 2018 | $0.15 | special |
| Dec 28, 2018 | Jan 29, 2019 | Dec 13, 2018 | $0.49 | normal |
| Sep 27, 2018 | Oct 30, 2018 | Sep 6, 2018 | $0.49 | normal |
| Jun 28, 2018 | Jul 31, 2018 | Jun 14, 2018 | $0.49 | normal |
| Mar 28, 2018 | Apr 24, 2018 | Mar 8, 2018 | $0.49 | normal |
| Dec 28, 2017 | Jan 30, 2018 | Dec 7, 2017 | $0.49 | normal |
| Sep 28, 2017 | Oct 24, 2017 | Sep 15, 2017 | $0.49 | normal |
| Jun 28, 2017 | Jul 25, 2017 | Jun 15, 2017 | $0.49 | normal |
| Mar 16, 2017 | Apr 25, 2017 | Mar 8, 2017 | $0.49 | normal |
| Dec 28, 2016 | Jan 31, 2017 | Dec 8, 2016 | $0.49 | normal |
| Dec 28, 2016 | Jan 31, 2017 | Dec 8, 2016 | $0.15 | special |
| Sep 28, 2016 | Oct 25, 2016 | Sep 8, 2016 | $0.49 | normal |
| Jun 28, 2016 | Jul 26, 2016 | Jun 16, 2016 | $0.49 | normal |
CHMI has a payout ratio of 41.2% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 102.6%, Cherry Hill Mortgage Investment's payout ratio is 60% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CHMI Cherry Hill Mortgage Investment Corp | 15.25% | $1.08 | 41.2% |
| CIO City Office REIT Inc | 8.02% | $0.8 | 7.6% |
| SPG Simon Property Group Inc | 5.32% | $6.9 | 115% |
| HASI Hannon Armstrong Sustainable Infrastructure Capital Inc | 3.91% | $1.5 | 102% |
Yes, Cherry Hill Mortgage Investment has been paying dividends for the last nine years.
Currently CHMI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in March 2023.
Cherry Hill Mortgage Investment's last dividend ex-date was on Dec 29, 2022. The dividend amount was $0.27 per share.
CHMI's annualized dividend per share is $1.08.
Cherry Hill Mortgage Investment's current dividend yield is 15.21%.
Cherry Hill Mortgage Investment pays dividends quarterly.
Cherry Hill Mortgage Investment's dividend payout ratio is 41.2%.
Cherry Hill Mortgage Investment's dividend yield is above the Real Estate sector average.