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Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2024 Dividends

1. CHMI announced estimated Federal tax treatment for 2024 distributions. 2. Common stock will distribute $0.1500 per share quarterly. 3. Preferred stocks Series A and B have total distributions of $2.0500 and $2.4556. 4. Shareholders should consult tax advisors for specific treatment advice. 5. Forward-looking statements indicate potential risks in tax treatment accuracy.

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FAQ

Why Bullish?

Distributions provide steady income, positively influencing investor sentiment. Past dividends have supported stability in CHMI's stock price.

How important is it?

Detailed dividend information is crucial for investor decision-making, influencing CHMI stock dynamics directly.

Why Short Term?

Upcoming dividends will provide immediate returns, influencing short-term investor decisions. Past performance shows that distributions can spike interest quickly.

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CHMIMORTNRZ
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”) (NYSE: CHMI) today announced the estimated Federal income tax treatment of the Company’s 2024 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 12/29/2023 01/31/2024   $0.1500   $0.0750   $0.0750 03/28/2024 04/30/2024   $0.1500   $0.0750   $0.0750 06/28/2024 07/31/2024   $0.1500   $0.0750   $0.0750 09/30/2024 10/31/2024   $0.1500   $0.0750   $0.0750 Total   $0.6000   $0.3000   $0.3000         8.20% Series A Cumulative Redeemable Preferred Stock   Total     Record Payable   Distributions   Total Ordinary   Nondividend Date Date   Per Share   Dividends   Distributions 12/29/2023 01/16/2024   $0.5125   $0.5125   - 03/28/2024 04/15/2024   $0.5125   $0.5125   - 06/28/2024 07/15/2024   $0.5125   $0.5125   - 09/30/2024 10/15/2024   $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   Nondividend Date Date   Per Share   Dividends   Distributions 12/29/2023 01/16/2024   $0.5156   $0.5156   - 03/28/2024 04/15/2024   $0.5156   $0.5156   - 06/28/2024 07/15/2024   $0.7091   $0.7091   - 09/30/2024 10/15/2024   $0.7152   $0.7152   - Total   $2.4556   $2.4556   - 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 estimated Federal income tax treatment of the Company’s 2024 distributions on its common and preferred stock, 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, estimates and assumptions, but these statements are not guaranteed to occur. The actual Federal income tax treatment of the Company’s 2023 distributions could differ from estimated amounts. 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, 2023, and other documents filed by the Company with the Securities and Exchange Commission.

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