Cherry Hill Mortgage Investment's Series A Preferred Stock Crosses Above 9% Yield Territory
August 05, 2024 at 14:10 PM EDT
In trading on Monday, shares of Cherry Hill Mortgage Investment Corp's 8.20% Series A Cumulative Redeemable Preferred Stock (CHMI. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.05), with shares changing hands as low as $22.37 on the day.