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Cherry Hill Mortgage Investment Corporation Stock Quote & Summary Data

CHMI 
$20.17
*  
0.11
0.54%
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*Delayed - data as of Jul. 25, 2014 15:41 ET  -  Find a broker to begin trading CHMI now
Exchange: NYSE
Industry: Consumer Services
Community Rating:
View:    CHMI After Hours
 
 
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Company Description (as filed with the SEC)

Cherry Hill Mortgage Investment Corporation is a newly-listed public residential real estate finance company focused on acquiring, investing in and managing residential mortgage assets in the United States. We were incorporated in Maryland on October 31, 2012, and we commenced operations on October 9, 2013 following the completion of our initial public offering (“IPO”) and a concurrent private placement. Our common stock has been listed and traded on the New York Stock Exchange under the symbol “CHMI” since October 4, 2013. We are externally managed by Cherry Hill Mortgage Management, LLC, an SEC-registered investment adviser and an affiliate of Freedom Mortgage Corporation. We operate so as to qualify to be taxed as a REIT under the Code. To qualify as a REIT, we must distribute annually to our stockholders an amount at least equal to 90% of our REIT taxable income, determined without regard to the deduction for dividends paid and excluding any net capital gain.  ... More ...  

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