Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2023 Results
The RMBS portfolio had a book value of approximately $1.0 billion and carrying value of approximately $1.0 billion at quarter-end December 31, 2023.
- The RMBS portfolio had a book value of approximately $1.0 billion and carrying value of approximately $1.0 billion at quarter-end December 31, 2023.
- As of December 31, 2023, Cherry Hill’s GAAP book value was $4.53 per diluted share, net of the fourth quarter dividend.
- On December 8, 2023, the Board of Directors declared a quarterly dividend of $0.15 per share of common stock for the fourth quarter of 2023.
- The following table provides a reconciliation of net income to EAD for the three months ended December 31, 2023 and September 30, 2023: