Cherry Hill Mortgage stock declares a USD 0.10 dividend
Published on 09/25/2026 at 08:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cherry Hill Mortgage Investment Corporation stock (ISIN US1646511014) stood at USD 2.74 on the NYSE on September 24, 2026, down 0.72 percent from the prior session. The company declared a USD 0.10 common dividend for the third quarter of 2026, payable October 30, 2026, to shareholders of record on September 30, 2026, according to Business Wire.
Dividend stays at USD 0.10
The quarterly payout remained USD 0.10, matching the amount cited for the second quarter. The payment date and September 30 record date give shareholders a concrete timetable as the proposed corporate transaction moves forward.
For Q2 2026, earnings available for distribution reached USD 0.15 per share, exceeding the USD 0.10 dividend by USD 0.05, while common book value stood at USD 3.16 per share, according to Zacks.
Merger sets a new valuation frame
TPG Mortgage Investment Trust agreed to acquire Cherry Hill in a cash-and-stock transaction. The terms provide 0.3063 MITT shares and USD 0.93 cash for each CHMI share, implying USD 3.10 per share based on August 7 closing prices, according to Yahoo Finance. The announced value was described as a 29 percent premium to the unaffected price and a 32 percent premium to the 30-day volume-weighted average price.
The proposed transaction is slated to close in the fourth quarter of 2026. That timetable puts the USD 0.10 dividend and the USD 3.10 implied transaction value alongside the stock's latest market quotation, rather than treating the payout as a standalone income story.
Stock remains below book value
At USD 2.74 on September 24, 2026, CHMI traded USD 0.42 below the USD 3.16 Q2 book value per share, a 13.29 percent discount. The stock's 52-week range was USD 2.17 to USD 2.98, leaving the latest price USD 0.24 below the yearly high.
Cherry Hill Mortgage stock facts
- Company: Cherry Hill Mortgage Investment Corporation
- Ticker: CHMI
- Trading venue: NYSE
- Price as of September 24, 2026: USD 2.74
- Market capitalization: USD 100,666,334 as of September 24, 2026
- 52-week range: USD 2.17-2.98 as of September 24, 2026
- Sector / Industry: Real Estate / Mortgage REIT
