Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This
A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.
Financials
| Curr Year EPS Estimate | 1.31 |
| Next Quarter EPS Estimate | 0.32 |
| Return on Assets | -0.02 |
| Return on Equity | -0.15 |
| Revenue | -34,684,000 |
| Earnings Per Share | -3.67 |
| Revenue Per Share | -2.05 |
| Gross Profit | -57,324,000 |
| Quarterly Revenue Growth | 0.10 |
General
| Name | Cherry Hill Mortgage Investment Corporation |
| Ticker | CHMI |
| Exchange | NYSE |
| Sector | Real Estate |
| Industry | REIT-Mortgage |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
About Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets, residential mortgage-backed securities (RMBS), and invest in prime residential mortgage loans, as well as other residential mortgage assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was founded in 2012 and is based in Farmingdale, New Jersey.
Dividend
Cherry Hill Mortgage Investment Corporation pays out a dividend of $1.21 per share, with a dividend yield of 16.13%.
CHMI's last dividend payment was made to shareholders on April 27, 2021.
They pay out 60.34% of their earnings out as a dividend.
Recent Dividends
| Apr 30, 2024 | $0.15 |
| Jan 31, 2024 | $0.15 |
| Oct 31, 2023 | $0.15 |
| Jul 31, 2023 | $0.15 |
| Apr 25, 2023 | $0.27 |
| Jan 31, 2023 | $0.27 |
| Oct 25, 2022 | $0.27 |
| Jul 26, 2022 | $0.27 |
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