Cherry Hill Mortgage Investment Corp. reported a third-quarter net loss attributable to common shareholders, while earnings available for distribution remained positive. The mortgage real estate investment trust also reported common book value of $2.73 per share and declared a regular quarterly common dividend of 10 cents per share.
- GAAP results: Cherry Hill recorded a $3.9 million net loss attributable to common shareholders, or 11 cents per share.
- Earnings available for distribution: The company reported $5.2 million, or 14 cents per diluted share, on this measure.
- Book value: Common book value was $2.73 per share at Sept. 30, 2026.
- Common dividend: The declared dividend was 10 cents per share. The company cited an annualized yield of 15.4%, based on the closing sale price.
- Dividend and distribution earnings: The 10-cent quarterly dividend was below the 14 cents per diluted share of earnings available for distribution.
The results show a difference between Cherry Hill’s GAAP loss and its positive earnings-available-for-distribution measure. Book value provides a quarter-end measure of common equity per share, while the dividend yield reflects the declared payout relative to the share price used in the company’s calculation.