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Market Impact: 0.15
Chimera Investment's Series A Preferred Stock Crosses Above 10.5% Yield Territory
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Credit & Bond MarketsMarket Technicals & Flows
Chimera Investment Corp.'s 8.00% Series A cumulative redeemable preferred shares (CIM.PRA) yielded above 10.5% on Thursday, based on an annualized dividend of $2.00. The shares traded as low as $17.94 during the session.
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