Chimera Investment's Series D Preferred Stock Crosses Above 10% Yield Territory

Chimera Investment Corp’s 8.00% Series D preferred stock (CIM.PRD) was yielding above 10% based on its quarterly dividend, annualized to $2.3868. The note is a straightforward yield update focused on income generation and preferred-share pricing, with no material corporate event or fundamental change disclosed.

Analysis

Chimera Investment Corp’s 8.00% Series D preferred stock (CIM.PRD) was yielding above 10% based on its quarterly dividend, annualized to $2.3868. The note is a straightforward yield update focused on income generation and preferred-share pricing, with no material corporate event or fundamental change disclosed.