The $0.50 payout for CIM.PR.A marks a 9.25% forward yield, payable to shareholders of record by September 1.
Chimera Investment Corp’s 8.00% Cumulative Redeemable Preferred Series A (CIM.PR.A) declared a $0.50 per share quarterly dividend. The payout equates to a 9.25% forward yield based on current prices.
The dividend is payable on September 30 to shareholders of record as of September 1, with an ex-dividend date of September 1. The company’s prior quarterly dividend was also $0.50 per share, maintaining consistency in payouts.
No immediate market reaction was disclosed following the announcement.