Reminder: Chimera Investment's Series C Preferred Stock Goes Ex-Dividend Soon

Chimera Investment Corp.'s 7.75% Series C preferred stock (CIM.PRC) will trade ex-dividend on 6/1/26 for a quarterly dividend of $0.5561, payable on 6/30/26. Based on the recent share price of $23.43, the dividend implies a yield of about 9.5%. The note is routine capital-return news with limited expected market impact.

Analysis

Chimera Investment Corp.'s 7.75% Series C preferred stock (CIM.PRC) will trade ex-dividend on 6/1/26 for a quarterly dividend of $0.5561, payable on 6/30/26. Based on the recent share price of $23.43, the dividend implies a yield of about 9.5%. The note is routine capital-return news with limited expected market impact.