Business Wire | Feb 22, 2021 04:15PM EST

Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2020 Dividends

Feb. 22, 2021

FARMINGDALE, N.J.--(BUSINESS WIRE)--Feb. 22, 2021--Cherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE: CHMI) today announced the estimated Federal income tax treatment of the Company's 2020 distributions on its common and preferred stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions.

Common Stock

Total

Record Payable Distributions Total Ordinary Nondividend

Date Date Per Share Dividends Distributions

12/31/2019 01/28/2020 $0.40 $0.08 $0.32

03/31/2020 04/28/2020 $0.40 $0.08 $0.32

06/30/2020 07/28/2020 $0.27 $0.054 $0.22

09/30/2020 10/27/2020 $0.27 $0.054 $0.22

Total $1.34 $0.27 $1.07

8.20% Series A Cumulative Redeemable Preferred Stock

Total

Record Payable Distributions Total Ordinary

Date Date Per Share Dividends

12/31/2019 01/15/2020 $0.5125 $0.5125

03/31/2020 04/15/2020 $0.5125 $0.5125

06/30/2020 07/15/2020 $0.5125 $0.5125

09/30/2020 10/15/2020 $0.5125 $0.5125

Total $2.0500 $2.0500

8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Total

Record Payable Distributions Total Ordinary

Date Date Per Share Dividends

12/31/2019 01/15/2020 $0.5156 $0.5156

03/31/2020 04/15/2020 $0.5156 $0.5156

06/30/2020 07/15/2020 $0.5156 $0.5156

09/30/2020 10/15/2020 $0.5156 $0.5156

Total $2.0625 $2.0625

About Cherry Hill Mortgage Investment Corporation

Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in and manages residential mortgage assets in the United States. For additional information, visit www.chmireit.com.

Forward-Looking Statements

This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including, among others, statements relating to the Company's long-term growth opportunities and strategies, and its ability to generate sustainable and attractive risk-adjusted returns for stockholders. These forward looking statements are based upon the Company's present expectations, but these statements are not guaranteed to occur. For a description of factors that may cause the Company's actual results or performance to differ from its forward-looking statements, please review the information under the heading "Risk Factors" included in the Company's Annual Report on Form 10-K for the year ended December 31, 2019, and other documents filed by the Company with the Securities and Exchange Commission.

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CONTACT: Cherry Hill Mortgage Investment Corporation Investor Relations (877) 870-7005 InvestorRelations@CHMIreit.com