Cherry Hill Mortgage Investment's Series B Preferred Stock Shares Cross 9.5% Yield Mark
June 15, 2020 at 14:30 PM EDT
In trading on Monday, shares of Cherry Hill Mortgage Investment Corp's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (CHMI. RB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $21.36 on the day.
