SmarterDividends
CHMI

Cherry Hill Mortgage Investment Corporation

CHMI

Real Estate · REIT - Mortgage · Stock · quarterly payer

$2.55

Undervalued · +233% Add to Portfolio

Forward Yield

15.69%

Annual Dividend

$0.40

Payout Ratio

211%

5-Yr Growth

-13.1%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about CHMI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Cherry Hill Mortgage Investment Corporation (CHMI) has a forward dividend yield of 15.69%, based on an annual dividend of $0.40 per share and a share price of $2.55.
  • As of Oct 27, 2026, CHMI's dividend safety grade from SmarterDividends is D (43 out of 100), which rates the dividend as unsafe.
  • CHMI last cut its regular dividend in 2025.
  • CHMI's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.10 per share.
  • As of Oct 27, 2026, CHMI pays out 211% of its trailing 12-month earnings as dividends (its payout ratio).
  • CHMI's dividend has shrunk at an average rate of 13.1% a year over the past five years.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CHMI is $8.48 per share, 233% above the $2.55 share price, so CHMI screens as undervalued.
  • Cherry Hill Mortgage Investment Corporation (CHMI) pays its dividend quarterly, 4 times a year.
  • Cherry Hill Mortgage Investment Corporation (CHMI) has raised its regular dividend 3 times and cut it 5 times across the 52 payments on record since 2013. Its most recent change was a 33.3% cut to $0.100 per share, going ex-dividend on Sep 30, 2025.
Cite this page

SmarterDividends, "CHMI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CHMI

Summary

As of Oct 27, 2026, Cherry Hill Mortgage Investment Corporation (CHMI) yields 15.69% ($0.40 a year per share) and has a dividend safety grade of D (43/100).

Is CHMI a good dividend stock?

Mixed

Cherry Hill Mortgage Investment Corporation (CHMI) pays a quarterly dividend yielding 15.69% ($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 (211%)
    • 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
    15.69%
    Payout Ratio
    211%
    Annual Dividend
    $0.40
    5-Yr Avg Growth
    -13.1%
    Ex-Dividend Date
    Sep 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.10
    Market Cap
    $95.6M
    P/E Ratio
    13.4
    5-Yr Total Return
    -70%
    52-Week Range
    $2.17 – $2.98
    Dividend Safety
    D · 43/100
    Ever Cut?
    Yes (2025)

    CHMI dividend raises and cuts

    Cherry Hill Mortgage Investment Corporation (CHMI) has raised its regular dividend 3 times and cut it 5 times across the 52 payments on record since 2013. Its most recent change was a 33.3% cut to $0.100 per share, going ex-dividend on Sep 30, 2025.

    Ex-dateChangeOld → newMove
    Sep 30, 2025Cut$0.150 → $0.100−33.3%
    Jun 29, 2023Cut$0.270 → $0.150−44.4%
    Jun 29, 2020Raise$0.200 → $0.270+35.0%
    Mar 30, 2020Cut$0.400 → $0.200−50.0%
    Sep 27, 2019Cut$0.490 → $0.400−18.4%
    Jun 26, 2015Cut$0.510 → $0.490−3.9%
    Jun 26, 2014Raise$0.500 → $0.510+2.0%
    Mar 31, 2014Raise$0.450 → $0.500+11.1%
    Every CHMI payment →Download every raise and cut (CSV)
    CHMI ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →CHMI dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is CHMI a good dividend stock?

    Mixed. Cherry Hill Mortgage Investment Corporation (CHMI) pays a quarterly dividend yielding 15.69% ($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.

    Is CHMI undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CHMI's fair value is about $8.48 versus a $2.55 share price — so it looks undervalued (+233% vs. fair value).

    Is CHMI's dividend safe?

    CHMI has a dividend-safety grade of D (43/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is CHMI's fair value?

    Our blended fair-value estimate for CHMI is about $8.48 per share, roughly 233% above the current $2.55 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is CHMI a buy, hold, or sell?

    We don't issue formal ratings, but on the data CHMI screens as "mixed" and undervalued. Cherry Hill Mortgage Investment Corporation (CHMI) pays a quarterly dividend yielding 15.69% ($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. This is research for your own analysis, not investment advice.

    Will CHMI cut its dividend?

    CHMI earns a dividend-safety grade of D (43/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does CHMI pay a dividend?

    Yes. Cherry Hill Mortgage Investment Corporation pays a quarterly dividend of about $0.40 per share annually, a forward yield of roughly 15.69%.

    What is CHMI's dividend yield?

    As of Oct 27, 2026, CHMI's forward dividend yield is 15.69%, based on a $0.40 annual dividend and a $2.55 share price.

    What is CHMI's dividend per share?

    As of Oct 27, 2026, CHMI pays $0.40 per share per year, distributed on a quarterly basis.

    What is CHMI's dividend payout ratio?

    As of Oct 27, 2026, CHMI's payout ratio is 211% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has CHMI grown its dividend?

    CHMI does not currently have a long dividend-growth streak on record.

    When is the next CHMI ex-dividend date?

    As of Oct 27, 2026, CHMI's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.10 per share.

    Income Calculator

    At $0.40 / yr per share

    Per payment (quarterly)$10.00
    Annual$40.00
    Monthly avg$3.33

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