Cherry Hill Mortgage Investment's Series A Preferred Stock Crosses Above 8% Yield Territory
February 12, 2021 at 14:55 PM EST
In trading on Friday, shares of Cherry Hill Mortgage Investment Corp's 8.20% Series A Cumulative Redeemable Preferred Stock (CHMI. RA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.05), with shares changing hands as low as $25.60 on the day.