Cherry Hill Mortgage Investment: Series A Preferred Shares Look Attractive
Cherry Hill Mortgage Investment (CHMI) Seeking Alpha·2024-07-03 00:43
Wirestock/iStock via Getty Images Introduction Cherry Hill Mortgage Investment Corporation's Series A 8.2% preferred shares (NYSE:CHMI.PR.A) have performed in line with the iShares Preferred and Income Securities ETF (PFF) so far in 2024, posting a mid-single-digit total return: Cherry Hill Series A preferred shares vs PFF in 2024 (Seeking Alpha) Looking ahead, I think the Series A preferred shares offer an attractive ~9% yield and a small double-digit capital appreciation potential should rates move lo ...