Cherry Hill Mortgage Investment Corporation
CHMIReal Estate · Stock · quarterly payer
Forward Yield
13.79%
Annual Dividend
$0.40
Payout Ratio
190%
5-Yr Growth
-13.1%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Cherry Hill Mortgage Investment Corporation (CHMI) yields 13.79% ($0.40 per share annually), with a blended fair-value estimate of $8.51 — +188% upside, so it screens as undervalued. Dividend safety grade: D (42/100).
Is CHMI a good dividend stock?
MixedCherry Hill Mortgage Investment Corporation (CHMI) pays a quarterly dividend yielding 13.79% ($0.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (190%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 13.79%
- Payout Ratio
- 190%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- -13.1%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.07
- Market Cap
- $107.6M
- P/E Ratio
- 13.7
- 5-Yr Total Return
- -68%
- 52-Week Range
- $2.17 – $3.04
- Dividend Safety
- D · 42/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
CHMI Price — Last 12 Months
Daily close
Price Return
1 Year
+20%
3 Years
-23%
5 Years
-68%
52-Week Range
$2.17 – $3.04
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CHMI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Cherry Hill Mortgage Investment Corporation is $8.51 per share, versus a market price of $2.96. That implies 188% of upside — a margin of safety of about 65%.
Fair Value
$8.51
Current Price
$2.96
Upside
+188%
Margin of Safety
65%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.6% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.21 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CHMI Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.1000 | regular |
| Mar 31, 2026 | — | $0.1000 | regular |
| Dec 31, 2025 | — | $0.1000 | regular |
| Sep 30, 2025 | — | $0.1000 | regular |
| Jun 30, 2025 | — | $0.1500 | regular |
| Mar 31, 2025 | — | $0.1500 | regular |
| Dec 31, 2024 | — | $0.1500 | regular |
| Sep 30, 2024 | — | $0.1500 | regular |
| Jun 28, 2024 | — | $0.1500 | regular |
| Mar 27, 2024 | — | $0.1500 | regular |
| Dec 28, 2023 | — | $0.1500 | regular |
| Sep 28, 2023 | — | $0.1500 | regular |
| Jun 29, 2023 | — | $0.1500 | regular |
| Mar 30, 2023 | — | $0.2700 | regular |
Income Calculator
At $0.40 / yr per share
